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NYC NYC
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8 years ago
Which of the following statements is true?
A) If the United States imposes a quota on German car imports, the price of cars in the United States is likely to increase.
B) If Germany imposes a "voluntary export restraint" on car exports to the United States, the price of cars in the United States is likely to increase.
C) If the United States imposes a tariff on German car imports, the price of cars in the United States is likely to increase.
D) all of the above
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Good answer, thanks.
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