A tax on an imported good is known as a(n)
A) import ban.
B) tariff.
C) voluntary export restraint.
D) import quota.
Correct Answer:
Verified
Q85: Suppose that the United States has comparative
Q86: Consider a nation that has a comparative
Q87: Which of the following trade policies will
Q88: According to the data presented in the
Q89: Voluntary Export Restraints (VERs)
A) have the same
Q91: An import ban results in
A) a decrease
Q92: Exporting nations often agree to voluntary export
Q93: Voluntary export restraints
A) have the same effect
Q94: Import bans,import quotas,voluntary export restraints,and tariffs on
Q95: A limit on the amount of a
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