Which of the following is an example of an import quota? a. 5 percent of the value of an imported good b. A limit of 621,780 kilograms on an imported good c. $220 per ton of an imported good d. 7 percent of the potential profits from an imported good

Social Studies · High School · Tue Nov 03 2020

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An import quota is a type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. Among the options provided, the one that represents an example of an import quota is

b. A limit of 621,780 kilograms on an imported good.

  • This is because it specifies a physical limit (quantitative limit) on the amount of a good that can be brought into the country.

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