Which of the following identifies a difference between a boycott and a quota?
A) A boycott sets a limit on the amount of goods entering a country,whereas a quota is a tax levied on goods entering a country.
B) A boycott is the revenue received from international trade,whereas a quota is the revenue received from domestic trade.
C) A boycott is used to include all foreign competition,whereas a quota is used by governments to exclude companies from countries with which they have a political dispute.
D) A boycott is the exclusion of all products from certain countries or companies,whereas a quota is a means of protection from foreign competition.

Question

Quizplus · Accepted Answer

A boycott involves refusing to purchase or deal with products from certain countries or companies, often for political reasons, while a quota limits the quantity of goods that can be imported, protecting domestic industries from foreign competition.

Which of the Following Identifies a Difference Between a Boycott