An official agreement with another country to restrict the quantity of its exports to the U.S. is
A) a regional trade bloc.
B) the quota system.
C) a voluntary import expansion.
D) a voluntary restraint agreement.
Correct Answer:
Verified
Q206: A voluntary import expansion involves a
A) country
Q207: If protective import-restricting tariff are imposed by
Q208: If protective import-restricting tariffs are imposed by
Q209: The maximum amount of a good that
Q210: The effect of a quota is to
A)
Q212: Voluntary restraint agreements are
A) a type of
Q213: A tariff placed on a foreign good
Q214: A quota is
A) a government-imposed restriction on
Q215: A government-imposed restriction on the quantity of
Q216: A tariff is
A) a government-imposed restriction on
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