O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2014 · Q181 Mark

A government imposes a restriction of 100000 cars to be imported into the country in a year. What is this restriction called?

Aembargo on imports

Bimport licence

Cimport tariff

Dquota on imports

✓ Correct answer

D: quota on imports

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2014 Paper 1 Variant 2, question 18.

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