A __________ Limits the Quantity of Imported Merchandise,thus Minimizing Competition

question 127

Multiple Choice

A __________ limits the quantity of imported merchandise,thus minimizing competition faced by domestic products.

• A) tariff
• B) duty
• C) boycott
• D) dumping tax
• E) quota

---

Definitions:

Stockholders' Equity

The portion of a company's assets that belongs to the shareholders after debts and liabilities have been settled.

Common Stock

Shares representing ownership in a company, entitling holders to vote at shareholder meetings and receive dividends.

Net Income

The conclusive earnings a company retains after all operational costs and taxes are taken away from the revenues.

Statement of Cash Flows

A financial document that provides a summary of the cash inflows and outflows for a company over a specific period of time, showing how it raises and spends money.