What is an import quota?
A) a limit on the quantity of a certain import
B) a tax on the value of an import
C) a health or safety precaution affecting goods that may cause long-term harm to humans or animals
D) a bureaucratic rule that can be overridden by the Secretary for International Trade
Correct Answer:
Verified
Q68: The "first golden age" of trade was:
A)
Q69: Which of the following countries had the
Q70: The U.S. trade-to-GDP ratio is:
A) the highest
Q71: Which of the following nations had the
Q72: What ushered in the "second golden age"
Q74: What was the short-lived import tariff enacted
Q75: What is an import tariff?
A) a limit
Q76: Other nations responded to the Smoot-Hawley tariff
Q77: One factor mentioned in the text as
Q78: What is the immediate effect of increasing
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