Which of the following statements is FALSE?
◦ If Japan agrees to limit car exports to the United States, the price of cars in the United States is likely to increase.
◦ If the United States imposes a tariff on Japanese car imports, the price of cars in the United States is likely to increase.
◦ If the United States imposes a quota on Japanese car imports, the price of cars in the United States is likely to increase.
◦ If the United States grants subsidies to domestic car producers, the price of cars imported into the United States is likely to increase.