Identify a Form of Trade Control That Places a Limit

question 6

Multiple Choice

Identify a form of trade control that places a limit on the number or value of goods that can be traded.

• A) Quotas
• B) Tariffs
• C) Embargoes
• D) Subsidies

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Definitions:

Telephone Order

A purchasing or order method whereby buyers place orders for products or services via telephone.

Printed Form

Predefined, often standardized documents with spaces to fill in information, used in various administrative and business processes.

Parol Evidence Rule

A principle in contract law that prevents the parties to a written contract from presenting extrinsic evidence of terms of the contract that contradict, modify, or vary the contract's written terms.

Parol Evidence Rule

A legal ruling that prohibits the use of oral statements or previous agreements to contradict or vary the terms of a written contract.