Question

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

Explanation:

Quotas in trade are used to limit the quantity of a good that can be imported. Let's analyze each option:

• "to ensure specific goods are not available to consumers" is incorrect as quotas don't aim to make goods unavailable, but to control import quantity.
• "to ban all imports from a country" describes an embargo, not a quota.
• "to keep prices on domestic goods low" is more related to price controls or subsidies, not quotas.
• "to limit how much of a good can be imported" matches the definition of a quota, which is a quantitative restriction on imports.

Answer:

to limit how much of a good can be imported