Which of the Following Is an Example of a Trade

question 91

Multiple Choice

Which of the following is an example of a trade restriction?

• A)Japan places a tax on all Korean automobiles.
• B)Domestic wine is more expensive than wine imported from Chile.
• C)The United States,Canada,and Mexico sign the NAFTA agreement.
• D)Consumers prefer German beer to domestic beer.

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Definitions:

Economics

A social science concerned with the production, distribution, and consumption of goods and services, examining how individuals, businesses, and governments make choices.

Geopolitical Interests

Strategic interests of a country related to its geographic location and international relations, influencing its political and economic decisions on the global stage.

Language of Freedom

A metaphorical expression that highlights the use of language and rhetoric to discuss, promote, and advocate for liberty and emancipation.

Strom Thurmond

An American politician who served for over 48 years in the United States Senate, noted for his staunch support of racial segregation and states' rights.