A quota sets the maximum amount of a good that is permitted into a country.
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Q35: Even though international trade is more complicated,
Q36: A tariff is a tax on imports
Q37: Trade adjustment assistance provides special unemployment benefits,
Q38: An export subsidy helps reduce the selling
Q39: If a country's productivity doubles for everything
Q41: If a country has an absolute advantage
Q42: Tariffs are more desirable than quotas if
Q43: If every country uses tariffs, everyone is
Q44: Strategic trade policy relies on threats of
Q45: A quota brings a more serious misallocation
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