A Government-Imposed Restriction on the Quantity of a Specific Good

question 34

Multiple Choice

A government-imposed restriction on the quantity of a specific good that may be imported to and sold in the United States is called a

• A) tariff system.
• B) quota system.
• C) reverse-trade system.
• D) union trade system.

---

Definitions:

Summer Job

Temporary employment taken during the summer months, often by students, to gain experience or save money.

Fully Socialized

refers to the process by which individuals learn and internalize the norms, values, behaviors, and social skills appropriate to their society through socialization.

Justice

The principle of fairness, moral righteousness, and the administration of the law as it pertains to maintaining the balance between individual rights and communal welfare.

Teasing

The act of playfully or mockingly disturbing or provoking someone, often in a humorous or affectionate manner.