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16 Dec 2021
Problem 47
Page 491
Section: CRITICAL THINKING QUESTIONS
Chapter 20: Globalization and Protectionism
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16 Dec 2021
Introduction
Import Restrictions: Imports into a nation can be restricted in a variety of ways. Quotas and tariffs are two examples. Tariffs raise the price of such pieces while quotas limit the number of pieces that can be imported.
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