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What is the purpose of quotas

2 Answers

3 votes

Answer:

C

Step-by-step explanation:

edge test

User Premshankar Tiwari
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This question is incomplete, here´s the complete question.

What is the purpose of quotas?

- to ban all imports from a country

- to ensure specific goods are not available to consumers

- to limit how much of a good can be imported

- to keep prices on domestic goods low

Answer: to limit how much of a good can be imported

Step-by-step explanation:

Quotas are meant to establish boundaries on the number of specific goods that are allowed to be lawfully imported into the country throughout a distinct period of time. In that, quotas are similar embargoes, except quotas don´t have explicit political purposes as embargoes do.

A Fixed quota would be a maximum amount not to be surpassed, while a tariff rate surcharge allows it, but with a higher duty.

User Patrick Klein
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