Usually the imposition of trade barriers affecting a particular good benefits ________ people domestically,each of whom gains a ________.
A)a few;little
B)a few;lot
C)many;little
D)many;lot
E)We can't determine the relative benefits from the imposition of trade barriers.

Question

Quizplus · Accepted Answer

Trade barriers, such as tariffs or quotas, typically benefit a small number of domestic producers by protecting them from foreign competition, allowing them to charge higher prices and thus gain significantly.

Usually the Imposition of Trade Barriers Affecting a Particular Good