In April 2001,the Japanese government,under pressure from its farm lobby,slapped government taxes on mushrooms,leeks,and the reeds used in tatami mats that were being imported from China.Japan levied:

Question

Quizplus · Accepted Answer

Tariffs are taxes imposed on imports or exports of a specific product, and this is exactly what Japan did by imposing taxes on mushrooms, leeks, and reeds used in tatami mats. GATT (General Agreement on Tariffs and Trade) is a multilateral trade agreement to reduce trade barriers, quotas are quantitative limits on imports or exports, and foreign excise taxes are taxes on specific goods, usually alcohol or tobacco, that are imported. Thus, tariffs are the best choice as they align with the situation described in the question.

In April 2001,the Japanese Government,under Pressure from Its Farm Lobby,slapped