QuestionJuly 18, 2025

A(n) __ is applied to a product that is not produced domestically, whereas a(n) __ puts foreign producers at a competitive disadvantage. voluntary export restriction;import quota import quota; revenue tariff protective tariff; import quota revenue tariff; protective tariff

A(n) __ is applied to a product that is not produced domestically, whereas a(n) __ puts foreign producers at a competitive disadvantage. voluntary export restriction;import quota import quota; revenue tariff protective tariff; import quota revenue tariff; protective tariff
A(n) __ is applied to a product that is not produced domestically, whereas a(n) __ puts foreign producers at a competitive disadvantage.
voluntary export restriction;import quota
import quota; revenue tariff
protective tariff; import quota
revenue tariff; protective tariff

Solution
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Answer

protective tariff; import quota Explanation 1. Identify the definition of terms A **protective tariff** is applied to a product not produced domestically, and an **import quota** puts foreign producers at a competitive disadvantage.

Explanation

1. Identify the definition of terms<br /> A **protective tariff** is applied to a product not produced domestically, and an **import quota** puts foreign producers at a competitive disadvantage.
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