Multiple Choice
Economists argue that the U.S. government can earn federal revenue _____
A) from quotas by auctioning off quotas to foreign producers.
B) by increasing the profitability of getting quota rights.
C) by encouraging foreign governments to retaliate with quotas and tariffs of their own.
D) from quotas, as quotas redistribute wealth from domestic consumers to domestic producers.
E) by distributing quota rights to domestic exporters.
Correct Answer:
Verified
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