Suppose That Canada Imposed an Import Quota on Pharmaceutical Drugs

question 128

Multiple Choice

Suppose that Canada imposed an import quota on pharmaceutical drugs. Which statement identifies the most likely results?

• A) Sales of Canadian pharmaceutical drugs would rise; exports of other industries would increase.
• B) Sales of Canadian pharmaceutical drugs would rise; exports of other industries would decline.
• C) Sales of Canadian pharmaceutical drugs would not change; exports of other industries would increase.
• D) Sales of Canadian pharmaceutical drugs would not change; exports of other industries would decline.

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Definitions:

Transitional Expression

Words or phrases used to provide connections between ideas, sentences, and paragraphs, facilitating smoother communication.

Customer Service

The support and assistance provided by a company to its customers before, during, and after a purchase, aiming to enhance satisfaction and resolve issues.

Customer Service

Assistance and support provided by a company to those people who buy or use its products or services.

Customer Service

The assistance and support provided by a company to those people who buy or use its products or services.