Of the Following, Who Gains with a Quota

question 107

Multiple Choice

Of the following, who gains with a quota?

• A) The foreign exporter of the good or service.
• B) The government of the importing nation.
• C) The importer of the good or service.
• D) The government of the exporting nation.
• E) Domestic buyers of the good or service.

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Definitions:

Value Capture

The process of maximizing the portion of that value the company keeps.

Low-Cost Strategy

A strategy that helps companies succeed through efficiencies and by reducing costs.

Growth Strategy

Approaches or plans implemented by a business or organization aimed at expanding its operations, increasing market share, or achieving higher revenues.

Profitable Growth

An increase in revenue that exceeds costs and expenses, resulting in a net gain for the business.