If England limits the playing of U.S. music to no more than 5 hours per day
A) this is the same as a quota.
B) this is the same as a tariff.
C) this make U.S. producers of television wealthier that they would otherwise be.
D) economists would not call this a limit on trade since it is a service.
Correct Answer:
Verified
Q37: Q38: If it takes one country one unit Q39: If with one unit of labor the Q40: If with one unit of labor the Q41: A tariff will typically Q43: A quota will typically Q44: If the opportunity cost of producing a Q45: If France limits the showing of U.S. Q46: A country that is limiting imports of Q47: A tariff will typically
A)increase the price, net
A)increase the price received
A)increase the price paid
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