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If the United States Bans the Importation of Japaneseautomobiles

Question 48

Multiple Choice

If the United States bans the importation of Japaneseautomobiles:


A) U.S.consumers of cars will be better off as their consumer surplus increases.
B) there will likely be more U.S.auto workers but fewer Americans working in other industries.(True Answer
) Correct
C) U.S.producers of cars will be worse off because their producer surplus shrinks.
D) everyone in the United States will be much better off.

Correct Answer:

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