4022EconomicsMedium
What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 – 1984?
Aexport quotas imposed by the Japanese government
Bimport quotas imposed by the U.S government
Cexport tariffs imposed by the Japanese’s government
Ddomestic subsidies granted by the U.S government
Correct answer
A. export quotas imposed by the Japanese government
Explanation
The correct answer is export quotas imposed by the Japanese government.