How tariffs and quotas affect the price of imports

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What are tariffs and quotas? Explain how tariffs and quotas affect the price of imports.?

Distinguish exporting from importing. Can a business such as DuPont be involved in both exporting and importing? How? 

What is direct foreign investment (DFI)? Why should a company be particularly careful when engaging in DFI?

Reference no: EM131296931

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