Questions: Which of the following is the definition of a quota? A tax on an imported product. A restriction on the number of products of a certain type that can be imported into the country. A government payment to help a domestic business compete with foreign firms. A government order forbidding exportation of importation of a particular product.

The answer is: A restriction on the number of products of a certain type that can be imported into the country.

This option describes a tariff, not a quota. A tariff is a tax imposed by a government on goods and services imported from other countries, which is intended to make imported goods more expensive and thus less competitive compared to domestic products.

This is the correct definition of a quota. A quota is a government-imposed trade restriction that limits the number or monetary value of goods that a country can import or export during a particular period. Quotas are used to protect domestic industries and maintain balance in trade.

This option describes a subsidy, not a quota. A subsidy is a form of financial aid or support extended to an economic sector, generally with the aim of promoting economic and social policy.

This option describes an embargo, not a quota. An embargo is a government order that restricts commerce or exchange with a specified country or the exchange of specific goods. It is often used as a political tool to influence the behavior of another nation.