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:The Industrial strategy of producing locally those…If as a result of fall in price of the commodity X,…A physical restriction placed on the quantity of…Output restriction, fixing of prices, creating…When the quantity of a commodity supplied increases…