Examlex
Select the correct name for the following compound.
Tariffs and Quotas
Government-imposed taxes on imported goods (tariffs) and limits on the quantity of goods that can be imported (quotas) to protect domestic industries from foreign competition.
Favoured Nations
A policy or clause in an agreement ensuring that a country or party receives treatment at least as favorable as that given to any other country or party.
Tariffs
Taxes governments levy on imports from abroad.
Local Firms
Businesses that operate within a specific geographic area, often emphasizing community involvement and serving local customers.
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