Point of view of the sock exporting countries

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Reference no: EM131212574

Assume that the sock-importing countries are determined to expand their domestic production of socks. From the point of view of the sock-exporting countries, how would you rate each of these three policies that could be used by the sock importers? Why?

Policy A: Subsidies to domestic sock production in the importing countries.

Policy B: Tariffs on sock imports.

Policy C: VERs on sock exports.

Reference no: EM131212574

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