Quotas imposed on U.S. imports into Japan tend to:
A) penalize both U.S. consumers and Japanese consumers.
B) benefit both U.S. consumers and Japanese consumers.
C) penalize U.S. consumers and benefit Japanese consumers.
D) benefit U.S. consumers and penalize Japanese consumers.
Ans: D) benefit U.S. consumers and penalize Japanese consumers.
You might also like to view...
Scarcity can be eliminated through
A) the use of market mechanisms. B) exploration that helps us find new resources. C) wise use of our resources. D) None of the above because scarcity cannot be eliminated.
The growth in the number of poor families since 1965 results overwhelmingly came from a growth in the number of what?
a. elderly b. female householders c. children d. immigrants
The distribution of income in United States is has become _________ than it was before 1990.
a. more equal b. less equal c. all the above d. none of the above
More than 80 percent of American firms are incorporated.
Answer the following statement true (T) or false (F)