An import quota restricts ________ and is designed to protect domestic ________.
A) exports; consumers
B) exports; producers
C) imports; consumers
D) imports; producers

Name: An import quota restricts ________ and is designed to protect domestic ________. A) exports; consumers B) exports; producers C) imports; consumers D) imports; producers
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Question

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An import quota limits the quantity of a good that can be imported, protecting domestic producers by reducing foreign competition.

An Import Quota Restricts ________ and Is Designed to Protect