Restrictions that limit the quantities of foreign goods coming into a country are known as

Name: Restrictions that limit the quantities of foreign goods coming into a country are known as
Brand: Quizplus
Rating: 4.8 (65 reviews)

Question

Quizplus · Accepted Answer

Restrictions that limit the quantities of foreign goods are known as quotas. Tariffs are taxes imposed on imported goods, while nontariff regulatory barriers and regulatory fees are other types of trade barriers that do not limit quantities directly.

Restrictions That Limit the Quantities of Foreign Goods Coming into a Country