There is a limit on imported television sets to the United Kingdom and Japanese motorcycles to Italy. These are examples of:
A)a government tax on goods or services entering a country.
B)the minimum quantity of goods foreign manufacturers must produce in order to keep prices competitive.
C)a government tax on goods or services leaving a country.
D)a restriction placed on the amount of a product allowed to enter or leave a country.

Question

Quizplus · Accepted Answer

The limit on imported television sets to the United Kingdom and Japanese motorcycles to Italy refers to a restriction placed on the amount of a product allowed to enter or leave a country, which is option D. This is often done in order to protect domestic industries and prevent foreign companies from dominating the market or undercutting domestic prices.

There Is a Limit on Imported Television Sets to the United