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An Import Quota Is

Question 88

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An import quota is


A) a tariff that is a fixed percentage of the price of a good.
B) a tariff that is a fixed dollar amount per unit of a good.
C) an agreed upon price for a good to be imported at a specified future date.
D) a restriction that specifies the maximum quantity of a good that may be imported in a given time period.
E) the same as an export subsidy.

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