Contemporary Marketing (MindTap Course List)
17th Edition
ISBN: 9781305075368
Author: Louis E. Boone, David L. Kurtz
Publisher: Cengage Learning
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Chapter 8, Problem 4ALR
Summary Introduction
To discuss: The way an import quota restrict trade.
Import quotas refers to the trade restrictions that limits the number of units of certain products that could cross the border of the country for resale.
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