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Explain the difference between an export tax and an export subsidy. Which one do you believe to be the best, and why? Place yourself in the role of a small Main Street shop owner. Does your perspective on either the tax or subsidy change? What if you are a moderately sized West Coast software company? Do your feelings about either option change if you are a Midwest grain producer?
Your journal entry must be at least 200 words. No references or citations are necessary.