Managed Trade Is

question 29

Multiple Choice

Managed trade is:

• A) A principle under which a government sets trade goals for an industry and then uses a system of government incentives and controls to guide trade toward those goals.
• B) Illegal under U.S. law.
• C) Used when arbitrators are called in to settle a trade dispute.
• D) A set of laws passed by the U.S. Congress in 1994 to protect the U.S. semiconductor industry from Japanese imports.

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Definitions:

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