Sleepytime Baby Company depends on shipments of baby clothes that come from Thailand. Shortly before the holiday rush, the owners learn that the country has hit its annual cap for shipments of baby clothes from Thailand. This situation would best represent an example of a(n)

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The situation described is an example of an import quota, which is a limit on the quantity of a good that can be imported into a country. The fact that the country has hit its "annual cap for shipments of baby clothes from Thailand" directly indicates a restriction on the amount that can be imported, which is the definition of an import quota.

Sleepytime Baby Company Depends on Shipments of Baby Clothes That