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Identify which type of nontariff trade barrier is used in each scenario in the following table. Scenario The U.S. government makes a payment to domestic
Identify which type of nontariff trade barrier is used in each scenario in the following table. Scenario The U.S. government makes a payment to domestic farmers of $1 on each bushel of pears that is exported. Australia permits 3.1 million kilograms of cotton to be imported each year. Mexico voluntarily reduces textile exports to Latvia. Australia and Mexico agree that Australia produces 63% of its Widgets in Mexico and is allowed to export Widgets to Mexico tariff-free. Australia permits 3.1 million kilograms of cotton to be imported each year-2 million kilograms must come from Latvia, a Export Quota Selective Quota Tariff-Rate Quota Global Quota Export Subsidy Domestic Production Subsidy Domestic Content Requirement C 0
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