_____ Is a Quantity Restriction on Imports That Is Imposed

question 44

Multiple Choice

_____ is a quantity restriction on imports that is imposed by negotiating with the foreign exporting country to freely restrict its exports.

• A) A tariff
• B) A voluntary export agreement
• C) A quota
• D) An import license

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Definitions:

Legal Treatment

The manner in which a matter is handled in a legal context, including the application of laws, regulations, and judicial rulings.

Legally Sanctioned

Actions or behaviors that are permitted or approved by law, often implying that they are backed by legal authority or enforcement mechanisms.

Injunctions

Court orders that require a party to do or to refrain from doing specific acts, often used in labor disputes to halt strike actions or enforce agreements.

Property Rights

Legal rights that entail the ownership, use, and disposal of property, including tangible and intangible assets, ensuring protection against unauthorized use or infringement.