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Subsidies, International Restrictions »

Konstantinos Adamantopoulos, Jochen P Beck
1 Subsidies are contributions of financial value by a government to specific economic operators in the market. They are widely used by governments as instruments of State intervention for the promotion of regional, social, and economic policy objectives. They influence the market economy process in the public interest and can affect the competitive situation of industrial, agricultural, and service sectors on both a domestic and international level. The adverse impacts subsidies can have on economic operators that do not benefit from them created the need to...