Multiple Choice
President Bill Clinton attempted to protect American firms from foreign competition by placing a government tax on Japanese automobiles imported to the United States.President Clinton's goal was to raise the price on Japanese imports,thereby encouraging American consumers to purchase American-made automobiles.The tax the President threatened to impose is an example of a __________.
A) boycott
B) quota
C) tariff
D) sanction
E) subsidy
Correct Answer:

Verified
Correct Answer:
Verified
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