An Import Quota Is a

question 94

Multiple Choice

An import quota is a

• A)legal limit on the quantity of a good that can be imported per year
• B)legal requirement that a specified percentage of a final good's value must be produced domestically
• C)legal requirement that exports to a certain country must exceed a specified value before that country's product may be imported
• D)percentage tax on an imported product
• E)lump-sum tax on an imported product

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Definitions:

Groove Music app

A digital music streaming service and application by Microsoft, offering a wide range of music catalogues.

Audio Files

Digital files that store sound or music data, which can be played back on electronic devices like computers, phones, or digital media players.

Albums

Collections of recorded music tracks or photographs, traditionally stored in physical formats but now also available digitally.

Artists

Individuals who create art, such as paintings, sculptures, music, and performances, often expressing imaginative or technical skill.