Question 13 An import quota is: a tax on imported products. a limit on the quantity of a good that can be imported. the revenue received from a tariff. the cost of imposing a tariff.
Question 13 An import quota is: a tax on imported products. a limit on the quantity of a good that can be imported. the revenue received from a tariff. the cost of imposing a tariff.
Chapter17: International Trade
Section: Chapter Questions
Problem 2.5P
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