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The US Government Has Agreed with the Rubber Thread Industry of of America

Question 62

Multiple Choice

The U.S. government has agreed with the Rubber Thread Industry of America that a 15% tax should be levied on all rubber thread that enters the United States from foreign countries. This is an example of a:


A) quota.
B) tariff.
C) voluntary export restraint.
D) global approach to international trade agreements.

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