An import quota is

a tax on the good or services that are imported.

a limit on the amount of a particular good that can be exported.

a limit on the amount of a particular good that can be imported.

none of these is true

the balance of trade is the value of:

export minus the value of imports

imports minus the value of exports

total goods purchased by the U.S. from abroad.

total goods sold by the U.S. to parties abroad.

The types of good with the larges import in the U.S. is

capital goods

consumer goods

industrial goods

automobiles