Which of the following best describes the most likely effects of a tariff or a quota?
A.The tariff or quota will raise prices and increase the consumption of the protected goods in the importing country.
B.The tariff or quota will raise prices and decrease the consumption of the protected goods in the importing country.
C.The tariff or quota will lower prices and increase the consumption of the protected goods in the importing country.
D.The tariff or quota will lower prices and decrease the consumption of the protected goods in the importing country.
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