A restriction placed on the amount of a product allowed to enter or leave a country is referred to as
A) a quota.
B) a tariff.
C) a WTO tax.
D) a subsidy.
E) an excise tax.

Name: A restriction placed on the amount of a product allowed to enter or leave a country is referred to as A) a quota. B) a tariff. C) a WTO tax. D) a subsidy. E) an excise tax.
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Question

Quizplus · Accepted Answer

A quota is a restriction on the amount of a product that can be imported or exported, limiting the quantity allowed to enter or leave a country.

A Restriction Placed on the Amount of a Product Allowed