An Import Quota Is

question 184

Multiple Choice

An import quota is

• A) a tariff that is a fixed percentage of the price of a good.
• B) a tariff that is a fixed dollar amount per unit of a good.
• C) an agreed upon price for a good to be imported at a specified future date.
• D) a restriction that specifies the maximum amount of a good that may be imported.

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Definitions:

Hollow Interior

Refers to the inner empty space or cavity within an organ or structure.

Filter Blood

The process of removing waste products and excess substances from the bloodstream, primarily performed by the kidneys.

Glandular

Relating to or affecting the glands of the body, often referring to tissues that secrete hormones or other substances.

Secrete Hormones

The process by which certain glands and cells release substances (hormones) directly into the blood or tissues to regulate bodily functions.