A quota is:
A) a requirement that importers obtain a license in order to engage in international trade.
B) a quantity restriction on imports that is imposed by the importing country.
C) the use of government policy to protect domestic businesses from foreign competition.
D) a tax on imports.
Correct Answer:
Verified
Q70: _ is a quantity restriction on imports
Q71: _ is a law that requires importers
Q72: _ is a quantity restriction on imports
Q73: A voluntary export agreement is:
A) a requirement
Q74: An import license is:
A) a requirement that
Q76: A tariff is:
A) a requirement that importers
Q77: Which of the following situations is an
Q78: Which of the following situations is an
Q79: Which of the following situations is an
Q80: Which of the following situations is an
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