Multiple Choice
In the context of nontariff barriers, which of the following is a similarity between quotas and voluntary export restraints?
A) Both impose a complete ban on any kind of trade with a specific country.
B) Both limit the amount of a product that can be imported annually.
C) Both are imposed by the exporting country rather than the importing country.
D) Both levy a direct tax on imported goods.
Correct Answer:

Verified
Correct Answer:
Verified
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