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The Multi-Fiber Arrangement (MFA) Sets Limits on the Amount of Low-Priced

Question 56

Multiple Choice

The Multi-Fiber Arrangement (MFA) sets limits on the amount of low-priced textiles the U.S. can import from Third World nations. Such limits are called:


A) import quotas.
B) boycotts.
C) ad valorem taxes.
D) tariffs.
E) trade ratios.

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