Quotas on imported goods help consumers by increasing their choices and lowering prices.

Name: Quotas on imported goods help consumers by increasing their choices and lowering prices.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Quotas restrict the amount of goods that can be imported, creating a limited supply in the domestic market, which can increase prices for consumers. It also reduces competition, which can reduce the variety of choices available for consumers.

Quotas on Imported Goods Help Consumers by Increasing Their Choices