_ is a measure under which a commodity of a specific volume or value is allowed to be imported in the country.

Related MCQs

• If Commodity Y requres 2 units of capital and 2 units of labor and commodity X requires 1 unit of capital and 4 units of labor then Y is
• According to Classical economists, _ is the reason for a country to specialie in the production of a commodity
• International trade is the result of an advantage country possesses in producing a particular commodity at a _         
• In balance of payment account, all goods exported and imported are recorded in _ .
• Which of the following categories of agricultural subsidies are allowed under WTO?
• Consider the following statements and identify the right ones. i. National income is the monetary value of all final goods and services produced. ii. Depreciation is deducted from gross value to get the net value
• Commodity Y is Capital intensive if _ _
• Which of the following is not a non monetary measure to correct the disequilibrium in BOP ?
• Import embargo is an important retaiatory measure against_ _.
• Reducing public expenditure to correct BOP disequilibrium is a _ __ measure.