Question

Since 1953, the United States has limited the amount of raw peanuts that can be imported to 1.7 million pounds a year. This is only about one-tenth of 1 percent of all domestic edible peanut consumption in the United States. This limitation is an example of a(n):
a. natural resource barrier
b. quota
c. tariff
d. exchange control
e. boycott

Answer

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