Which of the Following Is the Best Example of a Quota

question 52

Multiple Choice

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

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

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Definitions:

Registration Statement

A document submitted to the Securities and Exchange Commission (SEC) containing details about a company's financial status and operational plans, for approval to sell securities to the public.

Shelf Registrations

A regulatory provision that allows an issuer to register new securities without immediately selling them, facilitating future offerings.

Continuous Basis

A term indicating that an activity or action is conducted without interruption or cessation; ongoing.

Tender Offer

A public offer made by an individual, company, or group to purchase a large percentage of another company's shares or bonds at a specified price.