If the United States Sets a Limit on the Number

question 16

True/False

If the United States sets a limit on the number of cars that can be imported,this action is a form of tariff.

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Definitions:

Diffusion

The process through which innovations, cultural norms, ideas, technologies, or products spread within and across societies over time.

Invention

The creation or innovation of new ideas, processes, goods, or services that did not previously exist, contributing to technological or scientific advancement.

Income

Money earned from work, investments, business, or any other sources, representing the financial gain derived by individuals or businesses.

Technological Advance

A phase of innovation where new technologies significantly improve processes, goods, or services.