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Suedyso Suedyso
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5 years ago

Question 1.

The maximum amount of a good that may be imported during a specified period of time is

• an import quota.

• comparative advantage.

• dumping.

• an infant industry agreement.

Question 2.

A government-imposed restriction on the quantity of a specific good that may be imported to and sold in the United States is called a

• quota system.

• union trade system.

• reverse-trade system.

• tariff system.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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nick1116nick1116
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5 years ago
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Thank you, thank you, thank you!
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