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A country is allowed to import just 50,000 tonnes of rice annually. This describes ...

A country is allowed to import just 50,000 tonnes of rice annually. This describes ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Devaluation
  • B Tariff
  • C Embargo
  • D Quota
Correct Answer: Option D
Explanation:
A quota is a government-imposed restriction that limits the quantity or the monetary value of goods that a country can import or export during a particular period.

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