If the US Imposed an Import Quota on Construction Equipment, Then the Then

question 36

Multiple Choice

If the U.S. imposed an import quota on construction equipment, then the sales of U.S. construction equipment producers would

• A)rise and the exports of other U.S. industries would rise.
• B)rise and the exports of other U.S. industries would fall.
• C)fall and the exports of other U.S. industries would rise.
• D)fall and the exports of other U.S. industries would fall.

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Definitions:

Breached

Violation or breaking of a law, duty, or agreement.

Consideration

In contract law, consideration refers to something of value that is exchanged between parties as part of an agreement.

Capacity

The legal ability of a person to enter into binding contracts.

Legal Right

A legal right is an entitlement or permission recognized by law, provided to individuals or entities, covering both freedoms and entitlements.