Which of the Following Refers to a Limit on the Quantity

question 75

Multiple Choice

Which of the following refers to a limit on the quantity of an imported good?

• A)a tariff
• B)an excise tax
• C)an import quota
• D)net imports

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Definitions:

Partnership Assets

Assets owned by a partnership, which are used in the operation of the business and are subject to the rights and interests of the partners.

Debts

Money that is owed or due to another individual or entity.

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits. The specific rules can vary depending on the agreement and the jurisdiction.

Profits Share

An agreement or policy where a portion of a company's profits is distributed to employees, shareholders, or partners.