Which of the Following Is Not Correct Concerning Quotas

question 117

Multiple Choice

Which of the following is not correct concerning quotas?

• A)The enactment of quotas rewards domestic producers with higher prices.
• B)The enactment of quotas creates opportunities for lobbyists to seek the perpetuation of quotas.
• C)Quotas on steel, textiles and apparel, and sugar have been in effect for several decades.
• D)Lobbying efforts by domestic producers and foreign exporters are vigorously fought by domestic consumers.
• E)The auctioning of quotas would reduce their attractiveness to foreign exporters.

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Definitions:

Medial Collateral Ligament

A ligament located on the medial (inner) side of the knee, providing stability to the joint.

Costochondral Joint

The articulation between the end of a rib and the costal cartilage that attaches the rib to the sternum, allowing for some movement and flexibility.

Stylomandibular Ligament

The stylomandibular ligament is a band of fibrous tissue that extends from the styloid process of the temporal bone to the angle of the mandible, playing a role in the support of the jaw.

Zygomatic Arch

The bone that forms the prominence of the cheek; part of the skull that is under the eye and connects to the temporal bone.