The reason tariffs and quotas are imposed is that
A) their costs are spread among many people and their benefits are concentrated.
B) they create net benefits in the long run.
C) they reduce import dependence.
D) their costs are concentrated and their benefits are spread among many people.
Correct Answer:
Verified
Q128: In industrial countries, there is more reliance
Q129: Which of the following is a TRUE
Q130: In developing countries, there is more reliance
Q131: When a group lobbies for the prevention
Q132: International trade is restricted because
A) free trade
Q134: Which of the following statements is true?
A)
Q135: In poorer countries, free trade _ _
Q136: Which of the following is an effective
Q136: A tariff hurts
A) domestic producers who canʹt
Q138: Which of the following are TRUE regarding
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