Import Quotas Tend to Lead to All of the Following

question 20

Multiple Choice

Import quotas tend to lead to all of the following except:

• A) Domestic producers of the imported good being harmed
• B) Domestic consumers of the imported good being harmed
• C) Prices increasing in the importing country
• D) Prices falling in the exporting country

---

Definitions:

Time Devoted

The amount of time that is spent on a particular activity or task.

Capital Account Balances

The amount of money and other forms of assets invested in a company by its owners or shareholders, reflected in the equity section of the balance sheet.

Partner Dies

This term refers to the event when a member of a partnership passes away, potentially affecting the operation and structure of the partnership depending on the partnership agreement and laws governing partnerships.

Remaining Partners

The members of a partnership who continue with the business after one or more partners have exited or been removed.