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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2020 · Q271 Mark

What is a quota in international trade?

Agovernment grant to encourage production
Ban administrative and technical barrier
Climit on the quantity of imports
Dtax on imports

✓ Correct answer

C: limit on the quantity of imports

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2020 Paper 1 Variant 1, question 27.

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