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8. what is a quota in international trade? a ceiling on import quantity…

Question

  1. what is a quota in international trade? a ceiling on import quantity a tax on imported goods a minimum requirement for exports a trade surplus requirement

Explanation:

Brief Explanations

In international trade, a quota is a limit on the quantity of goods that can be imported. It is a form of trade - restriction. A tax on imported goods is a tariff. The other options do not define a quota.

Answer:

A. A ceiling on import quantity