The government of Lebitz, a European country, learns that low-priced textile imports from Pruneia, an Asian country, are affecting the sales of domestic textile companies. The Lebitzian government decides to levy a 6% tax on all textile goods imported from other countries. In this scenario, which of the following trade restrictions does the Lebitzian government impose?
A. An embargo
B. A quota
C. A voluntary export restraint
D. A tariff
Answer: D
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Indicate whether the statement is true or false
Which of the following statements is not true when describing the size of trade area?
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The term "current financial resources" refers to:
A. The government's current assets and current liabilities. B. Assets that are available to be used for current expenditures. C. Financial resources used to provide electricity to local citizens. D. The current value of all net assets owned by the governmental unit. E. Those assets that can quickly be converted into cash.