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    Macroeconomics Study Set 17
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    Exam 7: Comparative Advantage and the Gains From International Trade
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    A Quota Is
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A Quota Is

Question 113

Question 113

Multiple Choice

A quota is


A) a limit placed on the quantity of goods that can be imported into a country.
B) a tax imposed by a government on goods imported into a country.
C) a subsidy granted to importers of a vital input.
D) a health and safety restriction imposed on an imported product.

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