An Import Quota Protects Domestic Producers by

question 203

Multiple Choice

An import quota protects domestic producers by

• A) setting a limit on the amount of imports.
• B) placing a prohibitive tax on imports.
• C) encouraging competition among domestic producers.
• D) increasing the total supply of the product.

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Definitions:

Explicit Motives

Refers to motivations that are consciously recognized and can be verbally stated, influencing behaviors by one's self-aware goals.

Meaning In Life

Having a purpose and putting time and energy into attaining important goals.

Approach Motivation

A concept referring to the driving force that moves people toward desirable outcomes or goals.

Avoidance Motivation

A psychological concept referring to the drive to avoid undesirable outcomes, such as fears or failures.