If it wants to reduce the money flowing out of the country, the UK can limit the number of Japanese cars being imported by imposing a(n)
A) free trade zone.
B) GATT.
C) trade deficit.
D) balance of trade.
E) import quota.

Question

Quizplus · Accepted Answer

An import quota is a restriction on the quantity of a particular good that can be imported. By implementing an import quota on Japanese cars, the UK can limit the number of cars coming into the country and therefore reduce the outflow of money.

If It Wants to Reduce the Money Flowing Out of the Country