When Governments Impose Import Quotas,they Require______

question 11

Multiple Choice

When governments impose import quotas,they require______.

• A) Importers to obtain licenses for importing,and grant only a limited number
• B) Exporters to obtain licenses for exporting,and grant only a limited number
• C) Consumers to obtain licenses for purchasing goods producing abroad
• D) Sellers to obtain licenses for selling imported goods.

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Definitions:

Tract of Land

A specific area of land, possibly defined by boundaries or usage in legal, commercial, or geographical contexts.

Zoning Ordinance

A law by local governments regulating the use and development of property within specific areas.

Dance Studio

A designated space or facility used for the teaching, practice, and performance of dance.

Commercial Activities

Business operations or transactions aimed at generating profit, including goods or services provided to consumers.