Multiple Choice
An example of an import quota is a:
A) limit on the total number of Honda automobiles imported from Japan.
B) regulation specifying that each imported Honda automobile must meet certain emission exhaust guidelines.
C) tax of 10% of the value of each Honda automobile imported from Japan.
D) subsidy from the Japanese government of $500 for each Honda automobile imported into the United States.
Correct Answer:
Verified
Correct Answer:
Verified
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