The members of the European Community have limited the number of cars Japanese automakers can export into the European market.This is an example of which type of trade barrier?

Question

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A quota is a trade barrier that limits the quantity of goods that can be imported or exported from a country. In this case, the members of the European Community have set a limit on the number of cars Japanese automakers can export into the European market, which is an example of a quota.

The Members of the European Community Have Limited the Number