Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Until 2 0 1 2 , the United States levied a 5 4 - cents - a - gallon import duty on foreign - produced

Until 2012, the United States levied a 54-cents-a-gallon import duty on foreign-produced ethanol. Which of the reasons for restricting trade does this represent?
Multiple Choice
impose sanctions
protect an infant industry
provide for national defense
ensure fair competition
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Stata For Principles Of Econometrics

Authors: Adkins, Lee C Adkins, R Carter Hill

4th Edition

111803208X, 9781118032084

More Books

Students also viewed these Economics questions