10
lesson pretestMultiple Choice

Pretest

Question 10 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

How do quotas help domestic producers?

Answer
A
Quotas facilitate increased exports of domestic goods.
B
Quotas facilitate the sale of more domestic goods.
C
Quotas limit the number of producers that compete in a sector.
D
Quotas lower the cost of domestic goods.

Explanation

A quota limits how much of a good can be imported. With fewer imported goods competing in the domestic market, domestic producers have more opportunity to sell their goods. Therefore, quotas facilitate the sale of more domestic goods.

AI-written and checked against the verified answer.