Question

Which of the following terms refers to limitations set by a government on the amount of a product allowed to enter or leave a​ country? A. Tariffs B. Protectionism C. Embargo D. Quota E. Economic communities

Answer 1

Answer:

The correct answer to the following question will be Option D (Quota).

Explanation:

• A quota is a trading constraint imposed by the government that limits the amount of financial value of the products that a nation may export and import during a given period.
• Countries make use of foreign trade quotas to help control trade volumes between other nations.
• It's the words that refer to limits on the volume of a substance authorized to attempt to enter or leave a country imposed by a nation.

Therefore, Option D is the right answer.