_________ are limitations on the amount of specific products that may be imported from certain countries during a given time period
A)Voluntary export restraints
B)Embargoes
C)Tariffs
D)Quotas

Question

Quizplus · Accepted Answer

Quotas are limitations on the amount of specific products that may be imported from certain countries during a given time period. Voluntary export restraints are similar, but they are negotiated agreements between exporting and importing countries, whereas embargoes are prohibitions on trade with a particular country or group of countries. Tariffs are taxes on imported goods designed to make them more expensive and less competitive with domestically produced goods.

_________ Are Limitations on the Amount of Specific Products That