An upper limit on the amount of goods that may be imported during any time period is knows a (an) :
A) quota.
B) export tax.
C) tariff.
D) poll tax.
Correct Answer:
Verified
Q23: Arguments in support of protectionist measures include
Q24: According to economists, trade is based on:
A)
Q25: A country has an absolute advantage if:
A)
Q26: In international trade based on the principle
Q27: Environmentalists have generally been pleased with rulings
Q29: Which of the following statements is correct?
A)
Q30: The main trading partner of the United
Q31: Agreements whereby exporting nations limit the amounts
Q32: A country has a comparative advantage if:
A)
Q33: Measured as a percentage of GDP, U.S.
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