Suppose the United States puts a numerical limit on the number of imported cars from Japan and South Korea.This would be known as a(n)
A) tariff.
B) quota.
C) exchange rate.
D) natural barrier to trade.
Correct Answer:
Verified
Q9: When a tariff is removed from an
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Q12: The General Agreement on Tariffs and Trade
Q13: Which of the following is NOT among
Q15: Which of the following will NOT occur
Q16: The "infant industry" argument for protectionism says
Q17: In 1981,Japanese auto manufacturers signed a "voluntary
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Q19: Several million people working in the manufacturing
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