Export quotas hurt consumers in importing nations because of reduced selection and perhaps higher prices.

Name: Export quotas hurt consumers in importing nations because of reduced selection and perhaps higher prices.
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Question

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When there are export quotas, the supply of goods in the importing nations is reduced, leading to limited selection and higher prices for the available goods due to increased demand. As a result, consumers in importing nations are adversely affected.

Export Quotas Hurt Consumers in Importing Nations Because of Reduced