
The United Auto Workers union attempted to win the approval of legislation that would moderate the practice of foreign sourcing on the part of American auto manufacturers.Which of the following best represents this legislation?
A) Voluntary export quotas
B) Trigger price mechanism
C) Tariff quotas
D) Local content laws
Correct Answer:
Verified
Q6: Suppose the government grants a subsidy to
Q7: Compared to an import quota,an equivalent tariff
Q8: The U.S.-Japaneses agreement in 1981 to limit
Q9: Empirical studies show that because voluntary export
Q10: A producer successfully practicing international dumping would
Q12: A firm that faces problems of falling
Q13: Which trade restriction stipulates the percentage of
Q14: Domestic content legislation applied to autos would
Q15: Suppose the government grants a subsidy to
Q16: The imposition of a domestic content requirement
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