How Will an Export Quota Imposed by a Large Exporting

question 121

Multiple Choice

How will an export quota imposed by a large exporting
Country affect the world price?

• A)It will cause an increase in the world price.
• B)It will cause a decrease in the world price.
• C)It will have no effect upon the world price.
• D)It will first cause an increase, then a decrease the world price.

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Definitions:

Turnover

Refers to the total sales generated by a company during a specific period.

ROI

Return on Investment; a financial metric used to evaluate the efficiency of an investment or compare the efficiency of several investments.

Return On Investment

Return on investment (ROI) is a financial metric used to evaluate the efficiency of an investment, calculated as the net profit divided by the cost of the investment.

ROI

Return on Investment is a performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.