An import quota
A) limits the amount of a good that can be imported, thus decreasing prices.
B) limits the amount of a good that can be imported, thus increasing prices.
C) increases the amount of a good imported, thus decreasing prices.
D) increases the amount of a good imported, thus increasing prices.
Correct Answer:
Verified
Q92: Exporting nations often agree to voluntary export
Q93: Voluntary export restraints
A) have the same effect
Q94: Import bans,import quotas,voluntary export restraints,and tariffs on
Q95: A limit on the amount of a
Q96: A voluntary export restraint is a trade
Q98: If the U.S.government imposes an import ban
Q99: An import quota is illegal under the
Q100: When is an import ban the same
Q101: Q102: ![]()
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