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    Exam 32: Comparative Advantage and the Open Economy
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    A Tariff Is
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A Tariff Is

Question 160

Question 160

Multiple Choice

A tariff is


A) a government-imposed restriction on the quantity of a specific good that can be imported into the country.
B) a tax on imported goods.
C) a subsidy on domestically produced goods.
D) a voluntary agreement to restrict exports.

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