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Women's Bathing Suits Can Be Produced in Foreign Countries at a Lower

Question 63

Multiple Choice

Women's bathing suits can be produced in foreign countries at a lower cost than in the U.S.When women's bathing suits are shipped into the U.S. ,their price is raised about 14% to allow the U.S.bathing suit industry to remain competitive.This is accomplished through a(n) _______


A) tariff
B) quota
C) embargo
D) subsidy

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