Which of the Following Is the Best Description of a Quota

question 32

Multiple Choice

Which of the following is the best description of a quota?

• A)an excise tax that is designed to place foreign producers at a competitive disadvantage in selling in domestic markets
• B)a specification of the maximum amount of a product that may be imported in any period of time
• C)regulations and licensing related to the quality or safety of imported products
• D)agreements adopted by exporting nations to limit exports to another country

---

Definitions:

Birth Order

A concept suggesting that the order in which a person is born in their family affects their personality and behavior.

Biological Factors

Elements rooted in genetics and physiology that influence an individual's health, behavior, and personality.

Own Experience

Personal encounters or events that an individual goes through in life, contributing to their knowledge and perspective.

First-Born

First-born refers to a person's position as the eldest child in the family, which can influence their personality, behavior, and responsibilities.