QUESTION IMAGE
Question
multiple choice question
a trade barrier that limits the numbers of a product that can be imported into a country is called a(n) ________.
import quota
embargo
revenue tariff
protective tariff
Brief Explanations
An import quota is a trade - barrier that restricts the quantity of a product that can be imported into a country. An embargo is a complete ban on trade with a particular country. A revenue tariff is a tax on imports to raise government revenue. A protective tariff is a tax on imports to protect domestic industries.
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A. import quota