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Author Question: What is an import quota? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 14 times)

2125004343

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on: Jun 29, 2018
What is an import quota?
 
  What will be an ideal response?

Question 2

Higher U.S. interest rates cause the value of the dollar to
 
  A) rise, making U.S. goods relatively cheaper on world markets.
  B) fall, making U.S. goods relatively cheaper on world markets.
  C) rise, making U.S. goods relatively more expensive on world markets.
  D) fall, making U.S. goods relatively more expensive on world markets.


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nekcihc358

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Reply #1 on: Jun 29, 2018
Answer to Question 1

An import quota is a government-imposed limit on the quantity of a good that can be imported.

Answer to Question 2

C


2125004343

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Excellent

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