Multiple Choice
Which of the following directly affect the price and quantity of foreign made product in a country, by restricting the amount of product that can be imported?
A) Local content law
B) Quotas
C) Cartels
D) Subsidies
E) Protectionism
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q13: Which of the following exists when a
Q14: The United States has large trade deficits
Q18: Which of the following is a person's
Q27: What is the common currency for nations
Q29: A subsidy is a tax designed to
Q30: Which of the following is a government
Q67: Which of the following types of payments
Q89: The single largest trading partner of the
Q91: What is the advantage for a business
Q99: When the value of one country's currency