A Quota Is _____

question 163

Multiple Choice

A quota is _____

• A) a tax on imports.
• B) a legal limit on the quantities of goods that can be imported.
• C) a voluntary limit on the quantities of goods that can be imported.
• D) a quality restriction on imports.
• E) a subsidy for exports.

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Definitions:

Voting

The process by which citizens or members of a community express their choice or opinion, often through a formal system, on matters of importance or in selecting representatives.

Public Schools

Educational institutions funded and administered by government entities, providing free education to students.

Ethnic Group Membership

The belonging to a specific group of people who share common cultural, linguistic, or ancestral traits.

Economic Advantages

Benefits or gains contributing to better economic standing, such as increased income, market access, or cost savings, often resulting from specific policies, technologies, or geographic location.