Tariffs and Quotas Are Used to Restrict the Flow of International

question 22

Multiple Choice

Tariffs and quotas are used to restrict the flow of international trade and capital.These are examples of:

• A)expenditure-changing policies
• B)direct controls
• C)expenditure-switching policies
• D)indirect controls

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Definitions:

Religious Beliefs

Systems of faith and worship that generally involve belief in a divine or higher power and are characterized by specific rituals, practices, and moral codes.

Poverty-Stricken Area

A geographic region where a significant portion of the population lives below the poverty line, facing economic hardship and limited access to resources.

Numerous Contexts

Various or multiple settings, situations, or environments in which something can occur or be applied.

Strictly Positive

In mathematics, referring to a quantity greater than zero.