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    Exam 32: Comparative Advantage and the Open Economy
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    If a Country Voluntarily Agrees to Have Its Companies Import
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If a Country Voluntarily Agrees to Have Its Companies Import

Question 269

Question 269

Multiple Choice

If a country voluntarily agrees to have its companies import more goods from another country, the country has


A) a voluntary import expansion (VIE) agreement.
B) a voluntary restraint agreement (VRA) .
C) a mandated tariff.
D) a mandated agreement.

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