A direct restriction on the quantity of an import is called a(n) :
A) quota.
B) tariff.
C) import subsidy.
D) import restriction.
Correct Answer:
Verified
Q124: Which of the following statements is true?
A)
Q125: Nontariff barriers often take the form of:
A)
Q126: A new industry with potential economies of
Q127: A policy aimed at promoting the development
Q128: An example of a nontariff barrier is
Q130: The results of a U.S.quota on the
Q131: Free trade is beneficial because it:
A) reduces
Q132: A new domestic industry with a potential
Q133: A trade barrier whereby foreign firms agree
Q134: An example of a voluntary export restriction
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