| A) | when the government insists that firms compete for import licenses in a nonprice way such as on a first-come, first-served basis.
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| B) | a limit on the total quantity of imports allowed into a country each year.
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| C) | selling off the right to import goods subject to a quota.
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| D) | stipulates that an importer or import distributor must buy a certain percentage of the product locally
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| E) | when two countries agree to levy tariffs on each other at rates as low as those levied on any other country with whom they trade.
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| F) | organization that has overseen global rules of government policy toward international trade.
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| G) | any policy used by the government to reduce imports, other then a simple tariff on imports.
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| H) | mandates that a product produced and sold in a country must have a specified minimum amount of domestic production value, in the form of wages paid to local workers or materials and components produced within the country.
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| I) | gives the president the power to negotiate to eliminate “unfair trade practices” of foreign governments that limit imports from the United States or other countries.
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| J) | a "provisional" agreement signed by 23 countries in 1947.
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| K) | the allocation of import licenses when the government simply assigns the fixed shares to firms without competition, applications, or negotiations.
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| L) | arrangements by which the government of an importing country forces foreign governments to limit the number of exports to that country.
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