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1. The "Buy American" policy is equivalent to a(n):

A) Tariff

B) Quota

C) Export subsidy

D) Voluntary export restriction

2. A maximum limit set on the amount of a specific good that may be imported into a country over a given period of time is called a:

a) Tariff

b) Quota

c) Nontariff barrier

d) Voluntary export restriction

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91230547

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