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A Tariff or Quota That Limits the Entry of Foreign

Question 163

Multiple Choice

A tariff or quota that limits the entry of foreign goods to the U.S.market will


A) benefit domestic producers in the protected industries and harm domestic consumers.
B) increase the nation's real income by protecting domestic jobs from foreign competition.
C) reduce the demand for U.S.export goods,lowering employment in export industries.
D) do both a and c.

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