What Term Refers to a Trade Restriction That Limits the Number

question 167

Multiple Choice

What term refers to a trade restriction that limits the number of units of products in certain categories that can cross a country's boundary for resale?

• A) protective tariff
• B) embargo
• C) import quota
• D) subsidy

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Definitions:

ROA

Return on Assets, a financial ratio indicating how profitable a company is relative to its total assets.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Total Assets

The sum of all current and non-current assets owned by a company.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, highlighting a company’s profitability.