A quota is

A) a tax imposed on imported goods.
B) a legal limit on the amount of a good that can be produced by foreign owners of a firm located in a host country.
C) a legal limit on the amount of a good that can be imported.
D) an agreement between two countries in which the exporting country voluntarily agrees to limit its exports to the importing country.

C

Economics

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Which of the following is NOT counted as an economic resource?

a. Mental abilities of labor. b. Money supply. c. Entrepreneurship. d. Physical labor. e. All of the above are included.

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