Hello there, I have a really important assignment and I am struggling with questions number 1,5,6, and 7. I really

need help with this, and I would really appreciate if someone can give me the explanations/full answers too, to be able to learn it.

QUESTION 1An import quota isO a limit on the quantity of foreign goods that can be sold in a nation’s domestic market.Orevenue producing for state governments but not the federal government.O deflationary.Oa tax on imported goods.

 

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