The Government of Lebitz, a European Country, Learns That Low-Priced

question 138

Multiple Choice

The government of Lebitz, a European country, learns that low-priced textile imports from Pruneia, an Asian country, are affecting the sales of domestic textile companies. The Lebitzian government decides to levy a 6% tax on all textile goods imported from other countries. In this scenario, which of the following trade restrictions does the Lebitzian government impose?

• A) An embargo
• B) A quota
• C) A voluntary export restraint
• D) A tariff

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Definitions:

Office In-Group

A close-knit, often exclusive, group of colleagues within a workplace who share similar interests or statuses.

Organizational Citizenship Behavior

Describes voluntary actions of employees that contribute to the organizational well-being, beyond their contractual tasks.

Golden Rule

A moral principle that advocates treating others as one would like to be treated.

Teamwork

The cooperative effort by a group of people to achieve a common goal or complete a task in the most effective and efficient way.