When the government auctions import licenses,it captures the quota rent.Who gets the quota rent when the government administratively allocates import licenses?

Question

Quizplus · Accepted Answer

When the government administratively allocates import licenses, the quota rent is captured by the importers who receive these licenses, often allowing them to buy goods at a lower price internationally and sell them at a higher price domestically.

When the Government Auctions Import Licenses,it Captures the Quota Rent