QUESTION IMAGE
Question
which describes a quota?
o taxes on imported goods
o dues paid by workers to labor unions
o limits on goods from foreign countries
o payments to producers intended to control prices
Brief Explanations
A quota is a trade - restriction that sets a limit on the quantity of a good that can be imported from foreign countries. Taxes on imported goods are tariffs. Dues paid by workers to labor unions are union dues. Payments to producers to control prices are subsidies.
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C. limits on goods from foreign countries