HISTORY
HISTORY OF THE MIDDLE EAST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a ban placed on all trade with a particular country
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a tax placed on goods imported from a country
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a tax on export goods paid to the exporting government
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a limit on the amount of goods that can be imported from a country
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Detailed explanation-1: -Import quotas are government-imposed limits on the quantity of a certain good that can be imported into a country.
Detailed explanation-2: -A quota is a tax levied against a specific good being imported into a country. A quota limits the quantity of a good that can be imported into a country. A tariff is a tax placed on an import.
Detailed explanation-3: -A governmental restriction on the quantities of a particular commodity that may be imported within a specific period of time, usually with the goal of protecting domestic producers of that commodity from foreign competition.
Detailed explanation-4: -Both quotas and limits can restrict the number of requests that you can send or the number of resources that you can create. Limits can also restrict a resource’s attributes, such as the length of the resource’s identifier.
Detailed explanation-5: -Answer & Explanation. Tariff quota is a policy whereby there is a specified number of goods that can be imported to a country at one tariff rate and a higher tariff rate is applied when imports exceeds this quantity of imports.