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Use the following to answer question:
-(Figure: The Shrimp Market) Use Figure: The Shrimp Market.If the government imposes a quota limiting sales of shrimp to 250 pounds,it will have the same effect on transactions as a price floor of:
Tariffs
Taxes imposed on imported goods and services to increase their price and protect domestic industries.
Interest Rates
The price paid for borrowing money, usually expressed as a percentage rate over a period of one year.
Balance Of Trade
The difference between imports from and exports to another country. If imports are larger a trade deficit exists. If exports are larger there is a trade surplus.
Investing Activities
Transactions and events related to the acquisition and disposal of long-term assets and investments, reported in the cash flow statement.
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