Hello there, I have a really important assignment and I am struggling with questions number 1,5,6, and 7. I really
need help with this, and I would really appreciate if someone can give me the explanations/full answers too, to be able to learn it.
An import quota is
O a limit on the quantity of foreign goods that can be sold in a nation’s domestic market.
revenue producing for state governments but not the federal government.
a tax on imported goods.Microeconomics