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AP® Macroeconomics

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Safety Regulations to Protect Domestic Production

APMACR-JRIV5N

If the government of Japan were to place strict, costly, and burdensome safety inspection rules on imported beef in an attempt to protect Japanese domestic beef producers, this would be known as a(n)

A

tariff.

B

subsidy.

C

embargo.

D

standard.

E

quota.