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Suppose that to reduce the number of Japanese-manufactured cars sold in the United States, the federal government elects to impose a 25-percent tax on all
Suppose that to reduce the number of Japanese-manufactured cars sold in the United States, the federal government elects to impose a 25-percent tax on all Japanese cars imported for sale in the United States market. This tax is known as which of the following? An embargo An import quota An exchange control A tariff
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