The Objective of an Import Quota Is to ________

question 114

Multiple Choice

The objective of an import quota is to ________.

• A)prevent dumping
• B)raise revenue for the government
• C)ban the importation of certain goods
• D)protect domestic industries

Describe the impact of specific transactions on financial statements.

Explain the utility and types of accounting software in financial management.

Prepare adjusting entries for year-end financial statement preparation.

Understand the differences between changes in accounting principles, estimates, and errors.

---

Definitions:

Stratification System

Describes the hierarchical organization of society based on various criteria such as class, race, or gender, resulting in unequal resource distribution and opportunities.

Sociologists

Scholars who study human societies, their interactions, and the processes that preserve and change them.

Indigenous Peoples

Ethnic groups who are the original inhabitants of a region, recognized for their distinct social, cultural, and economic practices, often marginalized by dominant cultures.

Educational System

An organized structure for delivering education to the population through a series of institutions, policies, and resources.