Question

what is the purpose of quotas?
○ to ban all imports from a country
○ to ensure specific goods are not available to consumers
● to limit how much of a good can be imported
○ to keep prices on domestic goods low

Explanation:

• "To ban all imports from a country" describes an embargo, not a quota.
• "To ensure specific goods are not available to consumers" is not the purpose of quotas (quotas limit quantity, not availability to exclude).
• "To limit how much of a good can be imported" matches the definition of an import quota, which restricts the quantity of a good that can be imported.
• "To keep prices on domestic goods low" is not the direct purpose of quotas (quotas can lead to higher domestic prices as supply is limited).

Answer:

C. to limit how much of a good can be imported