Multiple Choice
A legal restriction on the amount of a good that can be imported into a country is known as a
A) voluntary restraint agreement.
B) tariff.
C) quota.
D) Domestic Protection Restraint (DPR) .
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q151: International trade is based on the existence
Q152: Country A can product 100 units of
Q153: If in the long run, imports are
Q154: Why do free trade proponents dislike rules
Q155: When a tariff is imposed, the supply
Q157: What is GATT and what happened to
Q158: According to international trade theory<br>A) trade is
Q159: The two groups that benefit the most
Q160: A tariff is<br>A) a government-imposed restriction on
Q161: The law that created the high level