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:

Hydrogen

The lightest and most abundant element in the universe, consisting of just one proton and one electron, and used in a variety of chemical and energy processes.

Nitrogen

A chemical element with the symbol N and atomic number 7, essential for all living organisms as a constituent of proteins and nucleic acids.

Plagiocephaly

A condition characterized by an asymmetrical distortion (flattening of one side) of the skull, often seen in infants.

Prone

Refers to lying face down or a tendency towards a particular condition or behavior.