A Country That Must Inhibit Imports Should Give Preference to

question 157

Multiple Choice

A country that must inhibit imports should give preference to

• A)quotas over tariffs because quotas are less likely to distort trade patterns between nations.
• B)tariffs over quotas because, unlike quotas, tariffs offer no special benefits to inefficient exporters.
• C)export subsidies over quotas or tariffs because export subsidies can protect a nation's domestic producers.
• D)an embargo wherever possible because an embargo can serve as a political weapon in addition to being a "trade stopper."

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Definitions:

African-American Cultures

The rich and diverse cultural traditions and practices developed by African Americans, influenced by various historical, social, and political contexts.

European Elements

Represents aspects, traditions, or influences originating from European countries that have been incorporated into different cultures or societies.

Enslaved Peoples

Individuals who were forcefully subjected to slavery, deprived of personal freedom and compelled to work without compensation.

Eighteenth-Century British Politics

The political landscape in Britain during the 1700s, characterized by the rising power of Parliament, colonial expansion, and the early stages of industrialization.