Which of the following is the best example of a quota?
A) a limit imposed on the number of sport utility vehicles that Australia can import from Japan
B) a subsidy granted by the government to domestic garment manufacturers so they can compete more effectively with foreign garment manufacturers
C) a tax placed on all sport utility vehicles sold in the domestic market
D) a $5000 per-car fee imposed on all sport utility vehicles imported into Australia
Correct Answer:
Verified
Q95: The process of countries becoming more open
Q99: Which of the following describes the infant
Q104: Protectionism
A)is the use of cheap labour to
Q120: Figure 13.1 Q143: Free trade refers to trade between countries Q144: A tariff is a numerical limit on Q164: Imposing tariffs in cases of dumping Q169: Economists believe the most persuasive argument for Q181: What is dumping? Who benefits and who Q335: Many people assume that if child workers![]()
A)is allowed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents