Question

An import quota is a
A)
tax on import quantities above the legal limit.

B)
way to increase tariff revenues for the exporting country.
C)
legal limit on the amount of a good that can be imported into a country.
D)
legal incentive for members of WTO to increase their exports of a good or service.

Answer 1

"An import quota is a limit on the quantity of a good that can be produced abroad and sold domestically. It is a type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time."

Answer 2

so the the answer c

Answer 3

yes

Answer 4

thxs ;]

Answer 5

no problem

Answer 6

i have more

Answer 7

alright