One of the Most Famous Examples of A(n)__________ Is the Limitation

question 32

Multiple Choice

One of the most famous examples of a(n) __________ is the limitation on auto exports to the United States enforced by Japanese automobile producers in 1981.

• A) involuntary import restraint
• B) voluntary export restraint
• C) trade reconciliation
• D) referred export restraint
• E) limited market access

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Definitions:

Data Set

A collection of related sets of information that is composed of separate elements but can be manipulated as a unit.

Median

A statistical measure representing the middle value in a data set when the values are arranged in ascending or descending order.

Mean

A statistical measure that represents the average value of a set of numbers.

Median

The middle value in a data set when the values are arranged in ascending or descending order.