An import quota specifies the __________ amount of a good that can be imported into a country; a step to becoming more protectionist would involve __________ in the quota.
A) maximum; a reduction
B) maximum; an enlargement
C) minimum; a reduction
D) minimum; an enlargement

Question

Quizplus · Accepted Answer

An import quota specifies the maximum amount of a good that can be imported into a country. Becoming more protectionist involves reducing the quota, hence the correct answer is a reduction.

An Import Quota Specifies the __________ Amount of a Good