Import quotas are designed to prevent
A)embargoes.
B)dumping.
C)exports.
D)tariffs.
E)outsourcing.

Name: Import quotas are designed to prevent A)embargoes. B)dumping. C)exports. D)tariffs. E)outsourcing.
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Question

Quizplus · Accepted Answer

Quotas are designed to prevent dumping, the practice of a foreign company's exporting products abroad at a lower price than the price in the home market or even below the costs of production in order to drive down the price of the domestic product.

Import Quotas Are Designed to Prevent