An Import Quota Directly Restricts ________ and Are Designed to Protect

question 39

Multiple Choice

An import quota directly restricts ________ and are designed to protect domestic ________.

• A)exports;consumers only
• B)exports;producers only
• C)imports;consumers only
• D)imports;producers only
• E)imports;producers and consumers

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Definitions:

Online Exchanges

Digital platforms that facilitate the buying and selling of goods or services among businesses or consumers.

Supply Chain

A network of organizations, people, activities, information, and resources involved in creating and moving a product or service from suppliers to customers.

Vendor Evaluation

The process of assessing and reviewing suppliers based on their price, quality, reliability, and service to select the best vendors for a business.