Which of the Following Is Not Correct About Quotas

question 7

Multiple Choice

Which of the following is not correct about quotas?

• A) The imposition of quotas rewards domestic producers with higher prices.
• B) The imposition of quotas creates opportunities for lobbyists to seek the perpetuation of quotas.
• C) Quotas on steel, textiles and apparel, and sugar have been in effect in the United States for several decades.
• D) Lobbying efforts by domestic producers and foreign exporters are vigorously fought by domestic consumers.
• E) The auctioning off of quotas to foreign producers would increase federal revenue.

---

Definitions:

Internal Resources

The assets, capabilities, and systems within an organization that can be utilized to achieve strategic goals.

Feedback And Coaching

The practice of providing constructive criticism and guidance to individuals, aiming to improve their performance, skills, or behavior in a specific area.

Sales Calls

Direct communication efforts, often by phone or in person, made by salespeople to potential customers to promote or sell a product or service.

Product Lines

A group of related products under a single brand offered by a company.