Asked by
Marisleysis Majurie
on Nov 05, 2024
Verified
The United States placed a limit on the amount of cars that can be imported into the United States. This is an example of
A) a tariff.
B) an export subsidy.
C) a quota.
D) dumping.
Quota
A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specific time period.
- Gain insight into the functions and outcomes of tariffs and quotas on worldwide trade activities.
Verified Answer
AK
Learning Objectives
- Gain insight into the functions and outcomes of tariffs and quotas on worldwide trade activities.