A limit on the amount of a foreign currency people are allowed to buy is an example of a quota.

Question

Quizplus · Accepted Answer

This statement is true. A quota is a government-imposed limit on the quantity or value of a certain good or service that can be imported, exported, or traded. In the case of foreign currency, a quota would limit the amount that individuals or businesses can purchase in order to control the amount of currency flowing out of the country.

A Limit on the Amount of a Foreign Currency People