Russia currently has a limit on pork of 400,000 metric tons that can be imported annually from any country. This restriction would be considered a
A) a tariff.
B) a trade imbalance.
C) an excise tax.
D) a quota.
E) a subsidy.

Question

Quizplus · Accepted Answer

A quota is a restriction that limits the quantity of a good that can be imported into a country, which is what the 400,000 metric tons limit on pork represents.

Russia Currently Has a Limit on Pork of 400,000 Metric