Which of the Following Is the Best Example of a Quota

question 10

Multiple Choice

Which of the following is the best example of a quota?

• A) a tax placed on all small cars sold in the domestic market
• B) a limit imposed on the number of men's suits that can be imported from a foreign country
• C) a subsidy from the U.S. government to domestic manufacturers of men's suits so they can compete more effectively with foreign producers of men's suits
• D) a $100-per-car fee imposed on all small imported cars

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Definitions:

Deductible Expenses

Expenses eligible to reduce taxable income, subject to various tax rules and limitations.

Supplies Expenses

Costs incurred by a business for items that are used and consumed in the business operations, typically within a short period.

Zaleznik

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Kotter

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