Restricting the number of Japanese cars imported into the United States is an example of a(n)________.
A) protectionist tariff
B) quota
C) licensing arrangement
D) embargo

Question

Quizplus · Accepted Answer

A quota is a restriction on the quantity of a particular good that can be imported into a country. Therefore, restricting the number of Japanese cars imported into the United States is an example of a quota.

Restricting the Number of Japanese Cars Imported into the United