QUESTION IMAGE
Question
multiple choice question
which scenario is an example of an import quota?
the us limits the amount of raw sugar that can be brought in from other nations.
levis sources all of its production outside of the us.
the us government places a $5 charge on every barrel of imported oil.
general motors owns the majority stake in a german - based automobile company.
An import quota is a limit on the quantity of a good that can be imported. The first option limits the amount of raw - sugar imports, which is an import quota. The second option is about production sourcing, the third is a tariff (a tax on imports), and the fourth is about ownership in a foreign company.
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The US limits the amount of raw sugar that can be brought in from other nations.