Which of the following is the best example of a voluntary export restraint?
A) a limit imposed by the U.S. government on the number of cell phones that the United States can import from Korea
B) a subsidy granted by the U.S. government to domestic cell phone manufacturers so they can compete more effectively with foreign cell phone manufacturers
C) a limit set by the Korean government on the number of cell phones that the United States can import fro Korea.
D) a $50 per-cell phone-fee imposed on all cell phones vehicles imported into the United States
Correct Answer:
Verified
Q118: A numerical limit imposed by a government
Q122: Figure 9-2 Q124: Figure 9-2 Q129: Which of the following is the best Q136: A tariff Q139: The main purpose of most tariffs and Q143: Free trade refers to trade between countries Q147: The "Buy American" provision in the 2009 Q157: Figure 9-3 Q251: Which of the following is the best 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
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A)makes domestic consumers worse off.
B)makes both
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