Multiple Choice
A quota is
A) a set of regulations designed to ensure the quality of imports.
B) designed to stimulate exports.
C) a rule on how many citizens can travel abroad.
D) a government-set limit on the quantity of imports into a country.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q119: Trade between nations is a zero-sum game.
Q120: Dumping is a form of international price
Q121: The United States and Germany both produce
Q122: Absolute advantage exists only when one country
Q123: If Japan has a comparative advantage over
Q125: Increasing the costs of shipping by requiring
Q126: Econostan can produce a widget at the
Q127: Assume that the United States could produce
Q128: The benefits of lower-priced goods and services
Q129: The ratio of the price of exported