Examlex
The economically developed world constitutes 1/5 of the world's population.However,this portion consumes about 40% of which of the following?
Quota
A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified time frame.
Domestic Price
The price of goods and services within a country's borders, influenced by local demand and supply conditions.
World Price
The price of a good or service in the international marketplace, influenced by the global dynamics of supply and demand.
Import Quota
A government-imposed limit on the quantity of a particular good that can be imported into a country.
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