An Agreement by One Country to Limit the Volume of Exports

question 63

Multiple Choice

An agreement by one country to limit the volume of exports to another country is known as a(n)

• A) quota.
• B) tariff.
• C) voluntary quota.
• D) import subsidy.
• E) export subsidy.

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Definitions:

Career Plans

Individual strategies and goals set for professional development and progression in one's field of work.

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A social phenomenon in which individuals are less likely to help a victim when other people are present, often due to diffusion of responsibility or fear of intervention.

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Urban areas that are notably large in size, population, and often significance within a country or region.

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