Figure 9-6
-Import quotas and tariffs produce some common results. Which of the following is not one of those common results?
A)Total surplus in the domestic country always falls.
B)Producer surplus of domestic producers increases.
C)The domestic country always experiences a deadweight loss.
D)Consumer surplus of domestic consumers increases.

Question

Figure 9-6 
-Import quotas and tariffs produce some common results. Which of the following is not one of those common results?
A)Total surplus in the domestic country always falls. 
B)Producer surplus of domestic producers increases. 
C)The domestic country always experiences a deadweight loss. 
D)Consumer surplus of domestic consumers increases.

Quizplus · Accepted Answer

Import quotas and tariffs typically reduce the availability of foreign goods, leading to higher prices for consumers. This results in a decrease in consumer surplus, not an increase.

Figure 9-6 -Import Quotas and Tariffs Produce Some Common Results. Which of Results