The Country of Shampur Has Imposed a Quantitative Restriction on the Number

question 102

Multiple Choice

The country of Shampur has imposed a quantitative restriction on the number of luxury automobiles imported in a year.What type of trade restriction has Shampur used?

• A)Quota
• B)Embargo
• C)Protective tariff
• D)Revenue tariff

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Definitions:

Null Hypothesis

A type of hypothesis used in statistics that proposes that no statistical significance exists in a set of given observations.

Research Hypothesis

A specific, testable prediction about the expected outcome of a study.

Representative Sample

A segment of the population that precisely mirrors the characteristics of the whole population.

Population

The entire group of individuals or instances about whom the research is focused.