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3 votes
In 2011 the first united states department of agriculture increased its annual sugar-import limit to 1.6 million tons of the year. Which of the following is the situation describing :tariff, quota, embargo, specialization.

asked
User Grego
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8.9k points

1 Answer

2 votes

Answer:

Quota

Step-by-step explanation:

A quota is a trade restriction imposed by the government that limits the number of goods that can be imported or exportes by a country at a time. In international trade, quotas help to regulate the volume of trade between the countries during a particular period.

In 2011 the first united states department of agriculture increased its annual sugar-import limit to 1.6 million tons of the year.

This situation is describing quota.

answered
User Baste
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8.1k points
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