The tiny South Pacific island country of Maroji produces a lot of milk and milk-based products.To protect this industry,Maroji mandates that only designated trading companies can import cheese,each of which is allocated the right to import a maximum number of pounds of cheese each year.By doing this,Maroji controls the amount of imported cheese.This is an example of a(n)

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The scenario described is an example of an import quota, which is a restriction on the quantity of a particular good that can be imported into a country. In this case, Maroji has mandated that only designated trading companies can import cheese and has allocated each company a maximum amount they can import each year, effectively limiting the total amount of imported cheese.

The Tiny South Pacific Island Country of Maroji Produces a Lot