Exhibit 30-1 -An Upper Limit on the Quantity of a Good That

question 43

Multiple Choice

Exhibit 30-1
-An upper limit on the quantity of a good that may be imported or sold is called a(n)

• A)per-unit tariff.
• B)ad valorem tariff.
• C)quota.
• D)specific tariff.
• E)value-added tax.