menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 34: International Trade and Comparative Advantage
  5. Question
    A Quota Is
Solved

A Quota Is

Question 45

Question 45

Multiple Choice

A quota is


A) a tax on exported items.
B) a tax on imported items.
C) a limit on the amount of imports.
D) a subsidy to export.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q40: Figure 34-8<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 34-8 ​

Q41: What matters most in determining efficient distribution

Q42: The United States has relatively low tariffs.

Q43: Large gains from trade are most likely

Q44: The two primary reasons to adopt measures

Q46: "The United States has more oil in

Q47: Comparative advantage is the ability to produce

Q48: Dumping means selling goods in a foreign

Q49: Figure 34-6<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 34-6 ​

Q50: The following table shows the units of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines