A Quota Is

question 88

Multiple Choice

A quota is

• A) a tariff imposed on goods that are dumped in the country.
• B) a law that prevents ecologically damaging goods from being imported into a country.
• C) a market-imposed balancing factor that keeps prices of imports and exports in equilibrium.
• D) a government-imposed restriction on the quantity of a specific good that can be imported.

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Definitions:

Principal Groups

Main or leading organizations or factions within a larger system or society, often involved in setting agendas or influencing policies.

Iraqi People

The citizens or nationals of Iraq, with a rich cultural heritage and history influenced by ancient civilizations and diverse ethnic groups.

Saddam Hussein

Saddam Hussein was the President of Iraq from 1979 to 2003, known for his authoritarian style of governance and involvement in conflicts like the Iran-Iraq War and the Gulf War.

Gulf War

A conflict that took place in 1990-1991, where a coalition led by the United States fought against Iraq after its invasion of Kuwait.