A Legal Limit on the Amount of Sugar Imported into the United

question 6

Multiple Choice

A legal limit on the amount of sugar imported into the United States is

• A) a tariff.
• B) a subsidy.
• C) a quota.
• D) a voluntary import restriction.

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Definitions:

International Corporation

A domestic firm that uses its existing capabilities to move into overseas markets.

Cultural Environment

The communications, religion, values and ideologies, education, and social structure of a country

Social Organization

The structured arrangement of relationships and roles within a society, contributing to its orderly functioning and cultural practices.