The U.S. government limits the amount of sugar that can be imported into the United States. This policy is
A) an import quota.
B) a tariff.
C) a comparative advantage limitation.
D) None of the above answers are correct.
Correct Answer:
Verified
Q90: A tariff is
A) a government imposed limit
Q91: The effect of an import quota is
Q92: A key difference between a quota and
Q93: Voluntary export restraints (VERs)
A) do not protect
Q94: In 2016 the U.S. government reduced the
Q96: If a government imposes a quota on
Q97: An import quota protects domestic producers by
A)
Q98: In 2012 the United States government tightened
Q99: A difference between a quota and a
Q100: Import quotas
A) encourage freer trade.
B) are a
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