An example of a voluntary quota is
A) Venezuela charging an additional 20 percent tax on imported oil from Iran.
B) a decision by the United Kingdom to limit Malaysian shoe imports to 250,000 per year.
C) South Korean electronics manufacturers agreeing to limit exports to New Zealand.
D) France charging an additional 10 percent tax on imports of Vietnamese clothing.
E) a decision by the United States to limit South Korean television imports to 100,000 per year.
Correct Answer:
Verified
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