The Effect of an Import Quota Is to

question 170

Multiple Choice

The effect of an import quota is to

• A)raise the price and reduce the quantity of imports.
• B)raise the price and the quantity of imports.
• C)lower the price and the quantity of imports.
• D)raise the quantity and reduce the price of imports.

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Definitions:

Evolutionarily Adaptive

Traits or behaviors that have been favored by natural selection because they increase the reproductive success or survival of an organism.

Minnesota Nice

A cultural stereotype referring to the polite, reserved, and mild-mannered nature of people from the state of Minnesota.

Conscientiousness

A personality facet denoting an individual's systematic approach, reliability, and a zealous dedication to duty.

Openness To Experience

One of the Big Five personality traits, characterized by a willingness to try new things, engaging in imaginative activities, and appreciating various forms of art and beauty.