Which of the following is not included in the effects of quotas
A)Price effect
B)Consumption effect
C)Income effect
D)Protective effect

Name: Which of the following is not included in the effects of quotas A)Price effect B)Consumption effect C)Income effect D)Protective effect
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Question

Quizplus · Accepted Answer

The income effect is not directly related to the effects of quotas. Quotas primarily affect trade, prices, consumption, and protection of domestic industries, rather than directly influencing consumers' income levels.

Which of the Following Is Not Included in the Effects