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Suppose the United States and Japan Enter into a Voluntary

Question 1

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Suppose the United States and Japan enter into a voluntary export agreement in which Japan imposes an export quota on its automakers.The largest share of the export quota's "revenue effect" would tend to be captured by:

Suppose the United States and Japan enter into a voluntary export agreement in which Japan imposes an export quota on its automakers.The largest share of the export quota's "revenue effect" would tend to be captured by:


A) The U.S.government
B) Japanese automakers
C) American auto consumers
D) American autoworkers

Correct Answer:

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