Which of the following is the best example of a quota?
A) a tax placed on all small cars sold in the domestic market.
B) a limit imposed on the number of men's suits that can be imported from a foreign country.
C) a subsidy from the U.S. government to domestic manufacturers of men's suits so they can compete more effectively with foreign producers of men's suits.
D) a $100-per-car fee imposed on all small cars imported.
Correct Answer:
Verified
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