Quotas are

A. methods for reducing imports by limiting the quantity of goods from a specific country that can enter the country each year.
B. taxes on imports that raise their prices and reduce their attractiveness to domestic buyers.
C. voluntary agreements designed to reduce the harm to firms engaged in foreign trade.
D. subsidies to foreign producers to encourage them to trade.


A. methods for reducing imports by limiting the quantity of goods from a specific country that can enter the country each year.

Economics

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