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:

Polar Bears

Large, carnivorous bears native to the arctic region, known for their white fur which helps them blend in with their snowy environment.

Schooling

The process of providing systematic instruction, typically in a formal setting such as schools.

Arctic Fish

Fish species that have adapted to live in the cold water conditions of the Arctic region, possessing unique adaptations like antifreeze proteins.

Emergent Property

A complex trait or characteristic that arises from the interaction of simpler elements or systems and cannot be predicted from the properties of the individual elements.