Which of the following is a difference between a quota and a boycott?
A)A boycott is 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

Which of the following is a difference between a quota and a boycott?
A)​A boycott is 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.

Quizplus · Accepted Answer

A boycott is the exclusion of all products from certain countries or companies, whereas a quota is a means of protection from foreign competition. This means that a boycott prohibits the import of all products from a particular country or company, while a quota limits the quantity of goods that can be imported from foreign competitors.

Which of the Following Is a Difference Between a Quota