The U.S. government imposes an import quota on sugar. This import quota helps ________ and harms ________.
A) U.S. producers of sugar; U.S. consumers of sugar
B) U.S. producers of sugar; the U.S. government
C) the U.S. government; U.S. consumers of sugar
D) U.S. consumers of sugar; U.S. producers of sugar
Correct Answer:
Verified
Q83: A key difference between imposing tariffs as
Q84: Who benefits from a tariff on a
Q85: Tariffs _ the domestic price of the
Q86: Who benefits from an import quota on
Q87: A difference between a quota and a
Q89: An import quota directly restricts _ and
Q90: A tariff is
A) a government imposed limit
Q91: The effect of an import quota is
Q92: A key difference between a quota and
Q93: Voluntary export restraints (VERs)
A) do not protect
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