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2 October, 16:24

What do quotas and embargoes have in common?

A. They both tend to raise prices.

B. They both affect imports from certain countries.

C. They both set limits on imported goods.

D. They both frequently result in domestic shortages.

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  1. 2 October, 18:18
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    The answer is C. Both Quota and Embargo have the goal to set the limit on imported goods. The definition of an embargo is the restriction of trade to foreign countries. The goal of the quota is to reduce the imports and boost the domestic goods.
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