If the U.S.imposed a quota on motorcycle imports from Japan it would lead to a _____ quantity imported,and a _______ quantity produced in the U.S.
A) lower;higher
B) higher;lower
C) lower;lower
D) higher;higher
Correct Answer:
Verified
Q82: It is _ that protection makes a
Q83: When the dollar value of a country's
Q84: Dumping occurs when a producer
A)exports low priced
Q85: It is _ that a tariff,unlike a
Q86: Tariffs lead to
A)the contraction of relatively efficient
Q88: The motive for the erecting trade barriers
Q89: Quotas are
A)methods for reducing imports by limiting
Q90: When the dollar value of a country's
Q91: It is _ that in international trade,when
Q92: A balance of trade deficit exists when
A)net
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