Which of the following is the best example of a quota?
A) a subsidy from the Canadian government to domestic manufacturers of men's suits so they can compete more effectively with foreign producers of men's suits
B) a $100-per-car fee imposed on all small cars imported
C) a limit imposed on the number of men's suits that can be imported from a foreign country
D) a tax placed on all small cars sold in the domestic market
Correct Answer:
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A)when a foreign producer sells
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