________ Specifies the Maximum Amount of a Good That May

question 92

Multiple Choice

________ specifies the maximum amount of a good that may be imported in a given period of time.

• A)An import restriction
• B)A legislative restriction
• C)A trade restriction
• D)An import quota
• E)An import subsidy

---

Definitions:

Market Segments

Divisions of a market into distinct groups of buyers with different needs, characteristics, or behaviors.

Marketplace

An area or venue (physical or online) where goods and services are exchanged between buyers and sellers.

Marketing Strategy

A comprehensive plan formulated by a business to achieve its marketing goals, including targeting specific markets and determining the most effective ways to reach them.

Multiple Regions

Refers to the operation or presence of a business, product, or service in more than one geographical area or market.