Trade restrictions result in all of the following except one. Which of the following is the exception?

Question

Quizplus · Accepted Answer

Trade restrictions do not lead to improved quality. Restrictions on imports limit competition, which can lead to a reduction in quality as domestic producers have less incentive to innovate and improve their products. In contrast, removal of trade barriers often results in increased quality as firms are forced to compete with foreign competitors who may be providing higher-quality goods at a lower price.

Trade Restrictions Result in All of the Following Except One