QUESTION IMAGE
Question
if a country were to place a limit on the number of cars that could be imported in a year, it would be an example of what kind of trade regulation?
a) subsidy
b) currency control
c) quota
d) tariff
question 4 (5 points)
areas of poorly maintained housing in cities are known as
a) slums.
b) apartments.
c) projects.
d) high rises.
question 5 (5 points)
what is a possible negative aspect of economic growth?
Response
First Question (Trade Regulation)
Brief Explanations
- A subsidy is a government payment to support a business, not a limit on imports.
- Currency control relates to managing a country's currency exchange, not import quantity.
- A quota is a limit on the quantity of a good that can be imported, which matches the scenario of limiting car imports.
- A tariff is a tax on imported goods, not a quantity limit.
Brief Explanations
- Slums are defined as areas with poorly maintained, overcrowded housing in cities.
- Apartments are residential units, not necessarily poorly maintained.
- Projects (public housing projects) can be well - maintained, and the term doesn't specifically refer to poorly maintained areas.
- High - rises are tall buildings, not defined by poor maintenance.
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C) Quota