Import subsidy and import tariff. In economic terms, an import subsidy has the reverse effect of an import tariff. The effects of both instruments on the quantities imported are shown in Figure 6. Figure 6. Economic effects of import subsidy and tariff.
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The Chevrolet Corvette (C3) is a sports car that was produced by Chevrolet for the 1968 through 1982 model years.Engines and chassis components were mostly carried over from the previous generation, but the body and interior were new.he list price for the Corvette in 1968 was $4,663. By 1982, mostly due to inflation, the base price had increased to $18,290. In 1968 there were six engines, two small-block V8s and four big-block V8s. By 1982 there was only one small block V8 engine available.