American Automakers Are Concerned About the Availability of So Many

question 171

Multiple Choice

American automakers are concerned about the availability of so many foreign cars to U.S.consumers, and that their chances to sell their own cars are limited.To correct the situation, they encourage Congress to impose a(n) _____.

• A) export quota
• B) export duty
• C) import quota
• D) tariff
• E) import duty

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Definitions:

Capacity To Control

Refers to the ability of an entity to direct the financial and operating policies of another entity so as to benefit from its activities.

Acquiring Entity

A company or individual that purchases or obtains control of another company or asset.