The term ________ refers to legal restrictions on import quantity of particular goods,imposed by governments as barriers to trade.
A)embargo
B)restraint agreement
C)barrier to trade
D)tariff
E)quota

Question

Quizplus · Accepted Answer

A quota is a specific limit or quantity restriction set by a government on the amount of a particular product that can be imported into the country. This is typically done as a way to protect domestic industries or to address trade imbalances. Quotas are a type of non-tariff barrier to trade.

The Term ________ Refers to Legal Restrictions on Import Quantity