Which of the following are limitations on the quantity of certain types of goods that can be imported over a period of time?
A) subsidies
B) embargo levels
C) export quotas
D) import quotas

Question

Quizplus · Accepted Answer

Import quotas are limitations on the amount of certain goods that can be imported over a period of time. Subsidies are financial assistance provided by governments to domestic producers, while embargo levels are restrictions on trade between countries. Export quotas limit the quantity of specific goods that can be exported from a country.

Which of the Following Are Limitations on the Quantity of Certain