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    The Macro Economy Today Study Set 1
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    Exam 21: International Trade
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    A Quota Is
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A Quota Is

Question 39

Question 39

Multiple Choice

A quota is


A) A limit on the quantity of a good that may be imported.
B) A tax imposed on imported goods.
C) A prohibition against trading a good.
D) An elimination of trade to nurture an infant industry.

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