________ specifies the maximum quantity of a good that may be imported in a given period of time.
A)An import restriction
B)A legislative restriction
C)A trade restriction
D)An import quota
E)An import subsidy

Question

Quizplus · Accepted Answer

An import quota specifies the maximum quantity of a good that may be imported in a given period of time. It is a type of trade restriction. Import restrictions and legislative restrictions are vague terms that do not specifically refer to import quotas. Import subsidies, on the other hand, are payments made to domestic producers to encourage them to increase production and exports, and therefore do not relate to import quantities.

________ Specifies the Maximum Quantity of a Good That May