How Extensively Does the United States Use Quotas

question 151

Multiple Choice

How extensively does the United States use quotas?

• A)Very little; there are few quotas on imports.
• B)Selectively; there are more quotas than most people realize.
• C)Widely; quotas are extensive and cover a wide range of goods.
• D)Widely; although the United States prefers to use tariffs, which cover a wide range of goods.

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Definitions:

Equity Multiplier

A financial leverage ratio that measures the portion of a company's assets that are financed by stockholders' equity.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation.

Market Price

The present cost at which a service or asset is available for purchase or sale in a specific market.

Debt-To-Equity Ratio

This measures a company’s financial leverage by dividing its total liabilities by its stockholders' equity, indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.