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Economics · Oct / Nov 2024 · Paper 13 · Question 28

2281Globalisation and trade restrictions

A country wants to limit the number of imported cars to a maximum of 100 000 in a year. Which measure is most likely to achieve this objective?

  1. Aan embargo
  2. Ban import quota
  3. Can import tariff
  4. Da subsidy

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Correct answer: B. an import quota

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