An Import Quota Restricts ________ and Is Designed to Protect

question 66

Multiple Choice

An import quota restricts ________ and is designed to protect domestic ________.

• A) exports; consumers
• B) exports; producers
• C) imports; consumers
• D) imports; producers

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Definitions:

Incorporation Date

The date on which a company was legally registered or incorporated and started its existence as a corporate entity.

Record Date

Record date is the specific date set by a company on which one must be on the company's books as a shareholder to receive a declared dividend or participate in corporate actions.

Quarterly Dividends

Dividends that are declared and paid by a company four times a year, usually at a fixed rate per share.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.