WAEC Commerce 2013 Objective — Question 42
Question 42 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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A physical restriction placed on the quantity of goods that can be imported is
- A. a ban
- B. a quotaCorrect
- C. an excise duty
- D. an import tax
Explanation
Quota is an act of specifying the quantity of goods that can be imported into a country.
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