A Restriction on the Amount of a Good That Can

question 8

Multiple Choice

A restriction on the amount of a good that can enter or leave a country during a certain period of time is called a(n) ________.

• A)administrative delay
• B)local content requirement
• C)quota
• D)tariff

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Definitions:

Automobile

A wheeled vehicle that is self-propelled and used for transporting passengers or goods on land.

Argument By Analogy

A form of reasoning where an argument is made by comparing two situations and inferring that what is true for one is true for the other based on their similarities.

Induction

A method of reasoning in which a generalization is argued to be true based on individual instances or empirical evidence.

Deduction

A method of reasoning from the general to the specific where the conclusion necessarily follows from the premises.