Countries sometimes argue that it is necessary to protect certain industries because they are important for national security.
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Q7: The Buy America Act specifies that government
Q8: The main gains from subsidies accrue to
Q12: Japan has a long history of supporting
Q13: In recent decades,a fall in subsidies,quotas,and voluntary
Q14: Nontariff barriers include subsidies,quotas,voluntary export restraints,and antidumping
Q16: Specific tariffs are levied as a proportion
Q17: Subsidies are a trade policy instrument.
Q18: Tariffs are the instrument that the GATT
Q19: A direct restriction on the quantity of
Q21: Until the early 1980s,most economists saw little
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