Assess the risks of incurring foreign tax in exporting goods from the U.S. Based on your assessment, propose a strategy to minimize or eliminate the foreign tax risk.
International trade is important for the U.S. There is a lot of discussion regarding countries who may be subsidizing their currency to create a trade imbalance with the U.S., resulting in lost tax revenue. Propose a strategy that the U.S. could deploy to eliminate or offset these subsidies. Support your strategy with examples.