Which of the following would increase prices for U.S. consumers?

Question

Quizplus · Accepted Answer

Both a tariff on imported automobiles and an automobile import quota limit the amount of foreign cars in the U.S. market, decreasing competition and potentially allowing domestic producers to raise prices. A foreign government subsidizing auto production allows foreign producers to sell products in the U.S. market at a lower price, increasing competition and potentially lowering prices for U.S. consumers.

Which of the Following Would Increase Prices for U