This road sign means:

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Slow down, stop if necessary and yield the right-of-way.
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Do not enter.
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Merging traffic.
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You must come to a complete stop.
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Explanation
This road sign is a YIELD sign, which means that drivers should slow down and yield the right-of-way to any vehicles or pedestrians in or heading toward the intersection. When you see this sign, you must come to a full stop at a YIELD sign if traffic conditions require it, and you should always check carefully for any oncoming traffic before proceeding.
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