Question

A quota is a A. quantitative restriction on an import imposed by the importing country. B. quantitative restriction on an import imposed by the exporting country. C. tax that is imposed on a good when it crosses an international boundary. D. restriction on how much a customer can buy of a scarce good imposed by the seller. E. trade barrier that does not harm domestic consumers of the good or service.

Answer 1

Answer:

A. quantitative restriction on an import imposed by the importing country

Explanation:

In international trade when a country want to limit the quantity of a product that is being imported into the country they impose a quota.

A quota is a restriction of the number or monetary value of a product that can be imported into a country.

In most cases this is implemented to promote local industries that produce the product.

Less of the product imported from other countries, the more patronage local industries get.