Multiple Choice
Which of the following a difference between a quota and a boycott?
A) A boycott is a limit on the amount of goods entering a country, whereas a quota is a tax levied on goods entering a country.
B) A boycott is the revenue received from international trade, whereas a quota is the revenue received from domestic trade.
C) A boycott is used to include all foreign competition, whereas a quota is used by governments to exclude companies from countries with which they have a political dispute.
D) A boycott is the exclusion of all products from certain countries or companies, whereas a quota is a means of protection from foreign competition.
Correct Answer:
Verified
Correct Answer:
Verified
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