A restriction on the quantity of a commodity that could be imported is known as? by Sunday | Jul 23 | Commerce WAEC | 0 comments A. license B. price control C. quota D. tariff E. ban Correct Answer: Option C – quota Users Also Read These:If the price of commodity X rises and consumers…SS1 Commerce Lesson Note on Tools for Trade…Which of the following is not a method of trade restriction?What is the elasticity of demand for commodity X, if…If the price of a commodity falls and the quantity…