An import quota directly restricts _ and are designed to protect domestic .
A) imports; producers
B) imports; consumers
C) exports; consumers
D) exports; producers
Correct Answer:
Verified
Q92: An import quota is a
A) law that
Q93: Economists usually agree with which of the
Q94: Who benefits from a tariff on a
Q95: A difference between a quota and a
Q96: A difference between a quota and a
Q98: When does the domestic government gain the
Q99: Voluntary export restraints (VERs)
A) raise revenue for
Q100: Who benefits from an import quota on
Q101: Which of the following statements is true?
A)
Q102: occurs when a foreign firm sells its
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