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Tuesday, 27 October 2026
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What is a Quota?

What is a Quota?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Tax pad on goods produced within a country
  • B A physical restriction placed on quantity of goods that can be imported
  • C Tax paid on goods produced outside a country
  • D Ban on all imported goods
Correct Answer: Option B
Explanation:
An import quota is a government-imposed physical limit on the quantity of a particular good that may be imported into a country within a specified period.

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