Canada has voluntarily reduced its exports of Canadian steel to Japan. Which of the following would have a similar effect on the quantity imported and the price paid for Canadian steel by Japanese producers?(1 point)
Responses
Canada implements an export subsidy on Canadian steel.
Canada implements an export subsidy on Canadian steel.
Japan implements an import quota on Canadian steel.
Japan implements an import quota on Canadian steel.
Japan implements a voluntary export restraint on Japanese steel.
Japan implements a voluntary export restraint on Japanese steel.
Canada implements a tariff on Japanese steel.