A ________ Is an Economically Important Material That Can Be

question 33

Multiple Choice

A ________ is an economically important material that can be replenished over a short time span to be used again.

• A)renewable resource
• B)fossil Fuel
• C)raw material
• D)nonrenewable resource

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Definitions:

Import Quota

A specific limit on the quantity of a particular good that can be imported into a country to protect domestic industries from foreign competition.

Protective Tariff

A tax imposed on imports to protect domestic industries from foreign competition by making imported goods more expensive.

Protective Tariff

A tariff imposed on imports to protect domestic industries from foreign competition by making imported goods more expensive.

Domestic Producers

Companies or individuals within a country that manufacture goods or offer services domestically.