what is a trade subsidy 
a trade subsidy is a financial benefit that a government provides to a company or industry in order to make its products more competitive at home and in international markets the bottom lineno country today appears to have a completely closed economy but some are more closed than others countries with relatively closed economies rely less on imports and exports than those with more open economies attempting to produce whatever goods and services they require from within their own borders economists generally believe that relatively open economies are more beneficial for their citizens and the world at large than relatively closed ones 