An example of a nonvoluntary import quota is
A) Japanese automobile manufacturers agreeing to limit exports to the United States.
B) a decision by the United States to limit South Korean television imports to 100,000 per year.
C) France charging an additional 10 percent tax on imports of Vietnamese clothing.
D) a decision by Saudi Arabia to reduce oil exports to India by 100,000 barrels.
E) Chinese toy manufacturers agreeing to reduce exports to the United States.
Correct Answer:
Verified
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A)
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