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What is a quota in international trade?

A.
a government grant to encourage production
B.
an administrative and technical barrier
C.
a limit on the quantity of imports
D.
a tax on imports
Economics
IGCSE&ALevel
CAIE
Exam No：0455_s20_qp_11 Year：2020 Question No：27

Answer:

C

Knowledge points:

6.2.4 methods of protection：Tariffs, import quotas, subsidies and embargoes.

Solution:

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