Who benefits from an import quota on a good?
A) domestic consumers of the good
B) foreign governments
C) domestic producers of the good
D) foreign producers of the good
Correct Answer:
Verified
Q81: A voluntary export restraint
A) is like a
Q82: Import quotas _ the price of imported
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Q84: Who benefits from a tariff on a
Q85: Tariffs _ the domestic price of the
Q87: A difference between a quota and a
Q88: The U.S. government imposes an import quota
Q89: An import quota directly restricts _ and
Q90: A tariff is
A) a government imposed limit
Q91: The effect of an import quota is
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