A Quota Is a

question 174

Multiple Choice

A quota is a

• A) quantitative restriction on an import imposed by the importing country.
• B) quantitative restriction on an import imposed by the exporting country.
• C) restriction on how much a customer can buy of a scarce good imposed by the seller.
• D) tax that is imposed on a good when it crosses an international boundary.
• E) trade barrier that does not harm domestic consumers of the good or service.

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Definitions:

Cash Flow From Operations

The net amount of cash generated by a company's normal business operations.

Accounts Receivable Turnover

A measure of how efficiently a company collects credit sales, calculated by dividing net credit sales by the average accounts receivable.

Sales

The total revenue a company generates from selling goods or services over a specific period.

Accounts Receivable

Outstanding payments from customers to a company for delivered goods or services awaiting settlement.