Multiple Choice
Which of the following is the best example of a quota?
A) a limit imposed on the number of sport utility vehicles that Australia can import from Japan
B) a subsidy granted by the government to domestic garment manufacturers so they can compete more effectively with foreign garment manufacturers
C) a tax placed on all sport utility vehicles sold in the domestic market
D) a $5000 per-car fee imposed on all sport utility vehicles imported into Australia
Correct Answer:
Verified
Correct Answer:
Verified
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