An Import Quota Specifies

question 95

Multiple Choice

An import quota specifies

• A) the amount of funds that can be paid for any imported good.
• B) the amount of taxes that must be paid on any imported good.
• C) the maximum amount of an item that may be imported during a specified period.
• D) the minimum amount of an item that may be imported during a specified period.

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Definitions:

Fair Credit Reporting Act

A federal law designed to ensure accuracy, fairness, and privacy of information in the files of consumer reporting agencies.

Consumer Reporting Agencies

are entities that collect and disseminate information about consumers to be used in credit evaluations and other decisions.

Credit Reports

Detailed reports that include an individual's credit history, showing past and current credit transactions and their repayment record.

Do-Not-Call Registry

A list managed by the government where individuals can register their phone numbers to avoid receiving unsolicited commercial calls.