One Form of Import Barrier Is an Import Quota

question 87

Multiple Choice

One form of import barrier is an import quota.What is it?

• A)a limit on the quantity of a certain import
• B)a tax on the value of an import or the imported quantity of a good
• C)a health or safety precaution affecting goods that may cause long­term harm to humans or animals
• D)a bureaucratic rule that can be overridden by the Secretary for International Trade

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Definitions:

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