Quotas are government imposed limits on the ________ of goods traded between countries.
A)prices
B)quantity
C)value
D)Either B or C

Question

Quizplus · Accepted Answer

Quotas are government-imposed limits that can restrict both the quantity of goods traded between countries and the total value of those goods. This means quotas can limit either the physical number of items (quantity) or the overall value of these items (value), depending on how the quota is structured.

Quotas Are Government Imposed Limits on the ________ of Goods