An Import Quota

question 36

Multiple Choice

An import quota

• A) is a price ceiling imposed on an imported good.
• B) is a price floor imposed on an imported good.
• C) is a supply restriction limiting the quantity of a good that can be imported.
• D) is a legislative requirement stating that firms which import some of their merchandise must hire a certain number of immigrant workers.

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Definitions:

Nephridiopores

External openings of the nephridia, which are excretory organs in many invertebrates, allowing waste to exit the body.

Nephridia

Excretory organs in many invertebrates, including annelids and mollusks, that filter fluid directly from the body cavity.

Mollusks

A diverse group of invertebrate animals with a soft body, many of which have a hard shell, including snails, clams, and squid.

Protonephridia

A type of excretory and osmoregulatory system found in some invertebrates, consisting of a network of tubules ending in flame cells.