An Import Quota Is a

question 67

Multiple Choice

An import quota is a

• A)tax on imports
• B)legal limit on the amount of a specific good that can be imported into a particular country
• C)tax on import quantities above the legal limit
• D)way to increase tariff revenues
• E)legal incentive for members of GATT to increase their exports of a particular good

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Definitions:

Cerebellum

An area of the brain inferior to the cerebrum that coordinates complex skeletal muscle coordination.

Pons

A part of the brain located above the medulla and below the midbrain, involved in regulating breathing, communication between different parts of the brain, and sensations such as hearing and taste.

Medulla oblongata

A region of the brainstem that controls vital body functions such as breathing, heart rate, and blood pressure.

Brainstem

The part of the brain that connects the cerebral cortex to the spinal cord, controlling vital functions like heartbeat and breathing.