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14 October, 10:35

The United States allows a certain amount of foreign cheese into the country each year. Which of the following is this an example of?

a. embargo

b. import quota

c. protectionism

d. voluntary trade restriction

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  1. 14 October, 10:53
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    That fact that the United States allows a certain amount of foreign cheese into the country each year would be an example of an "import quota," since it is setting a limit on the import of a specific product.
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