Author Question: A voluntary export restraint is an agreement negotiated by two countries that places ________ that ... (Read 130 times)

EY67 · **on:** Jun 29, 2018

A voluntary export restraint is an agreement negotiated by two countries that places ________ that can be imported by one country from another country.

A) a tax on goods B) a minimum quantity of a good
C) a numerical limit on the quantity of a good D) quality standards on goods

Question 2

An implicit cost is

A) a nonmonetary opportunity cost. B) a cost that involves spending money.
C) a cost unique to sole proprietorships. D) a cost unique to corporations.