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If a country were to place a limit on the number of cars that could be imported in a year, it would be an example of what kind of trade regulation? A. Quota B. Currency control C. Subsidy D. Tariff

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Answer:

A. Quota

Step-by-step explanation:

User Sam YC
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The correct answer is A. Quota.

Quota is an example of Trade regulation.

Quota is termed as the trade restriction of government imposed which limits monetary value or number of goods for a particular period which a country may either export or import.

The purpose of countries using quotas is to be able to regulate volume of trade. By restricting competition of foreign quotas it helps to boost domestic production.

User Andrew Floren
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