The US Government Limits the Amount of Sugar That Can Be

question 139

Multiple Choice

The U.S. government limits the amount of sugar that can be imported into the United States. This policy is

• A) an import quota.
• B) a tariff.
• C) a comparative advantage limitation.
• D) None of the above answers are correct.

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Definitions:

Government Bonds

Fixed-income securities issued by a government to support government spending, often considered low-risk investments.

Exchange Rate

The value at which one country's currency can be exchanged for another country's currency, influencing international trade and economic policies.

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