Multiple Choice
Lumber can be produced in Canada at a lower cost than in the U.S. When Canadian lumber is shipped into the U.S., its price is raised about 20% to allow the U.S. lumber industry to remain competitive. This is accomplished through a(n) _______
A) tariff
B) quota
C) embargo
D) subsidy
Correct Answer:
Verified
Correct Answer:
Verified
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