Solved

The Quota System in Which Domestic Producers of a Quota

Question 20

Multiple Choice

The quota system in which domestic producers of a quota fixing country are required to make use of both domestic raw materials and a specified proportion of imported raw materials to produce a product


A) Bilateral quota
B) Tariff or custom quota
C) Import quota
D) Mixing quota

Correct Answer:

verifed

Verified

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

Related Questions

Q15: The tariffs or duties levied upon goods

Q16: When import quotas are fixed after negotiations

Q17: The increase in the domestic production of

Q18: Balance of trade includes<br>A)Visible items<br>B)Invisible items<br>C)Both visible

Q19: Tariff can be levied upon<br>A)Export only<br>B)Import only<br>C)Both

Q21: If a country has fundamental deficit in

Q22: A tariff or custom quota may either

Q23: Which of the following items is not

Q24: Capital account includes<br>A)Invisible export<br>B)Long-term capital transaction<br>C)Invisible import<br>D)All

Q25: Once import quota is levied on a