1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anika [276]
2 years ago
7

An import quota is a A) tax on import quantities above the legal limit. B) way to increase tariff revenues for the exporting cou

ntry. C) legal limit on the amount of a good that can be imported into a country. D) legal incentive for members of WTO to increase their exports of a good or service.
History
2 answers:
lawyer [7]2 years ago
8 0
An import quota is C) a legal limit on the amount of a good that can be imported into a country. This differs from a tariff which is a A) tax on import quantities above the legal limit, or at all levels. 
Nimfa-mama [501]2 years ago
3 0

<u>C) legal limit on the amount of a good that can be imported into a country.</u>

As a trade restriction, an import quota establishes a physical limit of the quantities (or the value) of a product or good that can be imported from foreign countries in a given period of time.

Some of its purposes are to protect domestic industries by restricting foreign competition, to direct the foreign exchange resources of the country for more high-priority import items, to reduce the balance of payments deficit faced by the country that exports the product, among others.

You might be interested in
Is there any evidence that the Indus Valley people engaged in trade ?
Vinil7 [7]

Answer:

The Indus civilisation's economy appears to have depended significantly on trade, which was facilitated by major advances in transport technology. Many Indus artifacts including jewelry, fabrics, and the famous Indus Seals have been discovered in the ancient cities of Iraq.

3 0
3 years ago
What did President Gerald Ford do that was so controversial early in his administration?
exis [7]

The answer is <u>he pardoned the former American President Richard Nixon for any crimes he may have committed in office.</u>

In 1972, President Richard Nixon was accused of being involved in the Water Scandal and was in trouble with American justice. Two years later, he decided to resign and Gerald Ford automatically assumed the presidency. Ford immediately used his power to issue the <em>Proclamation 4311</em> and pardon Nixon for any crimes he may have committed while President. He justified his decision before Congress alleging that the pardon was in the best interests of the country because a drawn-out trial would only polarize the public even more.

This decision of him was highly controversial and harshly criticized by many Americans that wanted to see Nixon brought to justice.

6 0
2 years ago
Read 2 more answers
Was nyas fictional story necessary to tell salvas true story
Pavel [41]
Nya is fictional, but is likely a composite of people, with her experiences real for people of the region. its a true story says on the front of the book
6 0
2 years ago
What influenced the idea and growth of colonization in England?
Lyrx [107]
<span>the arguments of Richard Hakluyt
</span>
5 0
2 years ago
According to the Declaration, in which ways did the king deny the colonists “Life, Liberty and the pursuit of Happiness”? Write
notka56 [123]

According to the Declaration, the king denied life, liberty and happiness by preventing the colonists from establishing their own laws, making them in a way "prisoners" to the laws dictated across the sea which shouldn't have to apply to their life in the new continent.

Also by prohibiting them from trading with the rest of the world, the lives of colonists in America became dulled with  the inability to reach out and expand their vision.

And finally by keeping armies in the new world during peaceful times and forbidding the new citizens to receive trial by jury.

6 0
2 years ago
Read 2 more answers
Other questions:
  • Based on these articles from the constitution of the people's republic of china state two characteristics of the communist econo
    12·1 answer
  • Write a biography about each of the following people: John C. Calhoun,
    10·1 answer
  • The European union is an economic alliance that was formed to
    15·1 answer
  • Name two elements of Safavid culture that are still prevalent in present-day Iran
    10·2 answers
  • A 1913 California law enforced Japanese Americans to..
    11·1 answer
  • Who was considered to be the “fieriest supporter of independence in the 13 colonies”?
    13·1 answer
  • What was the main argument that Southerners made in defense of slavery? A) The right to own slaves was guaranteed under the Firs
    15·2 answers
  • The Second Republic in France ended when
    13·2 answers
  • 1. With whom do you agree: Hobbes or Locke? Why?
    12·1 answer
  • Match the following items.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!