In the 1980s, Japanese Automobile Manufacturers, Fearing a U

Multiple Choice

In the 1980s, Japanese automobile manufacturers, fearing a U.S.-government-imposed restriction, agreed to a voluntary quota on the number of their cars exported to the United States. This quota affected the U.S. automobile market by

A) increasing the prices of Japanese cars to U.S. consumers.
B) increasing the black market for Japanese cars in the United States.
C) decreasing the demand for domestically produced cars in the United States.
D) increasing the market share of Japanese producers in the U.S. market.
E) doing all of these.