An Import Quota

question 97

Multiple Choice

An import quota

• A) limits the amount of a good that can be imported,thus increasing prices.
• B) is the same as a ban on imports.
• C) increases the amount of a good imported,thus increasing prices.
• D) increases the amount of a good imported,thus decreasing prices.
• E) limits the amount of a good that can be imported,thus decreasing prices.

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Definitions:

Adapter

A hardware or software component that allows one device or application to connect with and work with another, despite differences in format or standards.

MAN

An acronym for Metropolitan Area Network, a network that spans a physical area larger than a LAN but smaller than a WAN, typically used to connect multiple buildings within the same city.

Geographic Area

A specific portion of the Earth's surface, defined by natural or artificial boundaries.

LAN

A Local Area Network, a computer network that interconnects computers within a limited area such as a residence, school, laboratory, or office building.