What is a common result of subsidies given to domestic goods?

Subsidies provided to domestic goods are financial assistance programs that help reduce production costs for domestic producers. When domestic goods receive subsidies, it enables these producers to lower their prices in the marketplace. As a result, domestic goods become more competitive compared to foreign products, leading to the correct statement that they have lower costs in comparison to foreign competition. This pricing advantage can reduce the market share for imported goods, stimulating local industry and possibly enhancing economic growth. Subsidies are a deliberate economic policy tool used by governments to encourage the production and consumption of local goods.