The imposition of a quota ________ domestic production,________ imports,and ________ domestic purchases.
A) increases; decreases; decreases
B) increases; decreases; increases
C) decreases; increases; decreases
D) decreases; decreases; decreases
E) increases; increases; increases
Correct Answer:
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Q148: Which type of policy raises the most
Q149: Q150: A specified maximum amount of the good Q151: If an import quota is imposed on Q152: When governments specify the maximum amount of Q154: Q155: Q156: Of the following,who gains from a tariff? Q157: Of the following,who gains with a quota? Q158: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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