Answer:
A quota is a limit on how much of a good can be imported is a TRUE statement.
Step-by-step explanation:
The quotas are limits which points the import quantities taken to a specific nation. For instance, the US may constrain the number of Japanese vehicle imports to 2 million every year. Quantities will lessen imports, and help local providers.
Quotas will lessen imports, and help local providers. In any case, they will prompt more significant expenses for buyers, a decrease in financial welfare, and could provoke reprisal with different nations setting levies on our fares.