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Which of the following scenarios is the best example of a protective tariff?
U.S. limits imports of foreign built motorcycles by setting a specific number that will be allowed in.
U.S. limits imports of foreign built motorcycles by charging a pre-determined tax rate that makes the cycles more expensive than those domestically produced.
U.S. attempts to increase prices of foreign built motorcycles by making steel harder to get on the international market through reduced domestic production.
U.S. subsidizes the price of domestically built motorcycles to keep price competitive with foreign-built motorcycles.
U.S. stops all foreign built motorcycles from entering its markets.