In the United States, the only firms allowed to import cheese are certain trading companies, each of which is allocated the right to import a maximum number of pounds of cheese each year. This is an example of:
A. Import quota
B. Subsidy
C. Ad valorem tariff
D. Specific tariff

. Import quota

Explanation:

An import quota limits the amount of goods that can be imported into a country at a particular time

Subsidy is the amount granted to producers in order to keep the price of their products low.

Specific tax is tax on each unit of a good or service.

Ad valorem tariff is a type of tax where the tax paid is a percentage of the value of the good or service.

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match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.