Which of the following benefits from a quota or VER?

Name: Which of the following benefits from a quota or VER?
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Question

Quizplus · Accepted Answer

Quotas and VERs limit the amount of imports that can enter a country, which can protect domestic producers from foreign competitors. The government may benefit from increased revenue from quotas, but it is not a direct benefit of the policy. Consumers may see higher prices and fewer options due to the limited supply of imported goods.

Which of the Following Benefits from a Quota or VER