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7 August, 19:56

An import quota is a A) tax on import quantities above the legal limit. B) way to increase tariff revenues for the exporting country. C) legal limit on the amount of a good that can be imported into a country. D) legal incentive for members of WTO to increase their exports of a good or service.

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  1. 7 August, 23:20
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    An import quota is C) a legal limit on the amount of a good that can be imported into a country. This differs from a tariff which is a A) tax on import quantities above the legal limit, or at all levels.
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