Which of the following trade policies will prevent a foreign supplier to sell even one unit of the good in the domestic market?
A) import ban
B) import quota
C) voluntary export restraint
D) import tariffs
Correct Answer:
Verified
Q82: Consider the following daily production possibilities of
Q83: A tariff is a
A) tax on an
Q84: Which of the following situations will arise
Q85: Suppose that the United States has comparative
Q86: Consider a nation that has a comparative
Q88: According to the data presented in the
Q89: Voluntary Export Restraints (VERs)
A) have the same
Q90: A tax on an imported good is
Q91: An import ban results in
A) a decrease
Q92: Exporting nations often agree to voluntary export
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