Which of the Following Is a Reason Why Governments Impose

question 82

Multiple Choice

Which of the following is a reason why governments impose import quotas?

• A) Maintain an adequate supply of a product in the home market
• B) Force the companies of other nations to compete against one another
• C) Restrict the world supply of a product and thereby increase its price
• D) All of the above

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Definitions:

Intentional Torts

Intentional torts are wrongful actions performed intentionally by a person against another person or property, resulting in harm.

Intentional

Intentional refers to actions done with purpose or deliberate intent, often in the context of torts or criminal law, where the mindset of the actor plays a key role.

Consequences

The outcomes or effects that result from a particular action or condition.

Economic Injury

Financial harm or damage suffered by an individual, entity, or economy, often due to external factors or actions.