Import Bans, Import Quotas, Voluntary Export Restraints, and Tariffs on Goods

question 30

Multiple Choice

Import bans, import quotas, voluntary export restraints, and tariffs on goods all

• A) increase imports and raise prices for consumers.
• B) reduce imports and prices for consumers.
• C) reduce imports and raise prices for consumers.
• D) increase imports and reduce prices for consumers.

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Definitions:

Lively

Lively describes someone or something full of energy and enthusiasm, often associated with a vibrant or animated nature.

Longitudinal Comparison

Comparative analysis of data or variables collected over time to evaluate changes and trends.

Creative

The ability to think of new and original ideas; characterized by innovation and imagination.

Tend-And-Befriend Response

A behavioral response to stress that involves seeking social support and nurturing others, as opposed to fight-or-flight reactions.