The limit that United States places on textile imports is an example of:
A) a tariff.
B) a quota.
C) a regulatory trade restriction.
D) a sanction.
Correct Answer:
Verified
Q19: The United States has a trade deficit
Q20: Most economists believe that the infant industry
Q21: The central goal of the General Agreement
Q22: A 50 percent tax on imports of
Q23: A tariff designed to eliminate foreign competition
Q25: Refer to the graph shown. 
Q26: Refer to the graph shown for a
Q27: Quotas and tariffs can:
A) have the same
Q28: Duties imposed by the U.S. government on
Q29: Refer to the graph shown.
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