One reason consumers don't lobby to have tariffs and quotas removed is that:
A) they often don't have the incentive to organize politically.
B) government officials believe that corporations are more important to the economy.
C) tariffs and quotas impose no cost on consumers.
D) they are willing to pay the higher price in support of domestic businesses.
Correct Answer:
Verified
Q6: Quotas
A) lead to lower prices for domestic
Q78: If a tariff is imposed on an
Q79: Which of the following statements is CORRECT?
A)
Q80: A tariff placed on imported foreign vehicles
Q81: A(n)_ on imports is a fixed amount
Q84: Suppose an Italian shoe manufacturer wants to
Q102: On which of the following commodities has
Q105: The difference between a tariff and a
Q115: Tariffs:
A) completely prevent international trade from occurring.
B)
Q191: Trade restrictions occur because the benefits of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents