Question

A country that imposes a quota on imported goods is most likely to experience which drawback? A. Pollution and other environmental problems will increase. B. The price of imported goods will significantly decline. C. Consumers will have access to a smaller variety of products. D. Working conditions in domestic companies will become worse.​

Answer 1

Answer:

C

Explanation:

A quota means that the amount of goods imported will be restricted, so consumers will have less access to variety of products.

Answer 2

A country that imposes a quota on imported goods is most likely to experience drawbacks as  Consumers will have access to a smaller variety of products. Thus the correct answer is C.

What are imported goods?

Goods that are purchased from foreign countries in exchange for money with high value are considered imported goods. These goods have high value in the domestic market if similar products are not available.

Quotas are used by countries in foreign business to control the amount of trade that occurs between them and other nations. An import quota increases consumer wealth in exporting countries while decreasing it in the import market.

Therefore, option C Consumers will have access to a smaller variety of products is appropriate.

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