f. In the early years of the Reagan administration, there was a strong push by the U.S.
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f. In the early years of the Reagan administration, there was a strong push by the U.S. auto industry to have Congress impose protective tariffs on Japanese car imports. Instead, the administration negotiated with Japanese car companies directly and got them to agree to “voluntary export quotas” to the United States, with the U.S. government ensuring that companies complied. How can you explain why Japanese car companies might have agreed to this?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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