Deadweight costs are net losses that occur when _____ are imposed.
A) import tariffs
B) import quotas
C) voluntary export restraints
D) local content requirements

Question

Deadweight costs are net losses that occur when _____ are imposed.
A) import tariffs 
B) import quotas 
C) voluntary export restraints 
D) local content requirements

Quizplus · Accepted Answer

Deadweight costs are net losses to society that occur when import tariffs are imposed, as they create inefficiencies by distorting market prices and reducing the quantity of goods traded.

Deadweight Costs Are Net Losses That Occur When _____ Are