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Korea may export only 15,000 automobiles a year to the United States. This is an example of which trade barrier?
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
Incentive is expected results that make people act in a different manner.
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
A tariff is a tax on imports or exports of products.
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
Who can produce whatever they want
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
A system of production and exchange of goods
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
who can purchase whatever they want
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
Bartering is trading without money.
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
Free Market can allow greater
Economic System
goods and services
Quotas
consumers
True
False
Firms
True
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