212k views
6 votes
Angola, one of Nigeria’s trading partner countries, is trying to protect its domestic oil refineries from competition. To do so, it limits the amount of refined oil that can be imported from other countries.

Which type of trade barrier is being described?

A.
embargo

B.
specialization

C.
tariff

D.
quota

User Tula
by
6.4k points

1 Answer

8 votes

Answer:

D

Explanation: A quota is a limit the supply of a particular product in order to maintain a certain price level

User Masoud Mohammadi
by
5.6k points