A Tax on a Foreign Import Is Called a Quota

question 132

True/False

A tax on a foreign import is called a quota.

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Definitions:

Financial Misconduct

Unethical or illegal actions relating to financial dealings, such as embezzlement or fraud.

Unethical Behaviour

Actions or practices that violate social norms or standards, including honesty, integrity, and fairness.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial, to measure a company's sustainability.

Organizational Performance

Refers to how well an organization achieves its market-oriented goals as well as its financial goals.