Which of the Following Is NOT a Reason Why Countries

question 173

Multiple Choice

Which of the following is NOT a reason why countries impose export 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

---

Definitions:

Debit

An accounting entry that results in either an increase in assets or expenses or a decrease in liabilities, equity, or income.

Credit

The provision of resources (like money) by one party to another, where repayment is expected in the future, often with interest.

Journal Entries

Records of financial transactions in the double-entry bookkeeping system, noting debits and credits for each transaction.

Posting

The process of recording financial transactions in the ledger of an accounting system.