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A Country Puts Quotas on Imported Rice,preserving Approximately Half of the Market

Question 24

Multiple Choice

A country puts quotas on imported rice,preserving approximately half of the market for domestic producers.


A) To reduce competition for its domestic rice industry
B) To control the supply and demand for rice
C) To support a mass market for rice
D) To decrease the cost of rice
E) All of the above

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