Multiple Choice
The government of Lebitz, a European country, learns that low-priced textile imports from Pruneia, an Asian country, are affecting the sales of domestic textile companies. The Lebitzian government decides to levy a 6% tax on all textile goods imported from other countries. In this scenario, which of the following trade restrictions does the Lebitzian government impose?
A) An embargo
B) A quota
C) A voluntary export restraint
D) A tariff
Correct Answer:
Verified
Correct Answer:
Verified
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