Multiple Choice
Which of the following is not an example of a trade restriction?
A) Tariffs
B) Quotas and voluntary export restraints
C) Legislation requiring that cars sold in a country have a 50 per cent domestic content
D) Consumer preferences for goods produced domestically
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Table 13.4<br>Output Per Hour of Work <img
Q3: Over the past several decades there has
Q4: Table 13.3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Table 13.3
Q5: Table 13.2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Table 13.2
Q6: Table 13.5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Table 13.5
Q9: The World Trade Organisation (WTO)promotes foreign trade
Q10: Table 13.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Table 13.1
Q86: China has developed a comparative advantage in
Q107: Once a country has lost its comparative
Q159: Exports are domestically produced goods and services<br>A)sold