Which one of the following statements correctly describes export subsidies?
A. Export subsidies are government payments to domestic producers to enable them to charge lower prices and sell more goods
in world markets.
B. Export subsidies are maximum limits on the quantity or total value of specific products imported to a nation.
C. Export subsidies are excise taxes or duties placed on imported products.
D. Export subsidies are licensing requirements, unreasonable quality standards, and the like designed to impede imports.
