One purpose of a quota is to ________.
A)protect local employment
B)provide competition to local industry
C)eliminate trade barriers between nations
D)increase the amount of foreign imports
E)increase the amount of foreign exchange

Question

Quizplus · Accepted Answer

Quotas can be used to protect local employment by limiting the amount of foreign goods that can be imported, thereby reducing competition for domestic industries and protecting jobs.

One Purpose of a Quota Is to ________