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A ceiling imposed by a country on the quantity of a good or service it will import is called a


A) quota.
B) tariff.
C) non-tariff barrier.
D) trade embargo.

E) B) and D)
F) B) and C)

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A reduction in net exports will, all other things unchanged, shift the aggregate demand curve to the left.

A) True
B) False

Correct Answer

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verified

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