How Will an Export Quota Imposed by a Large Exporting

question 84

Multiple Choice

How will an export quota imposed by a large exporting
Country affect the domestic price?

• A)It will cause an increase in the domestic price.
• B)It will cause a decrease in the domestic price.
• C)It will have no effect upon the domestic price.
• D)It will first cause an increase, then a decrease in the domestic price.

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Definitions:

Weak Reason

A justification or explanation that lacks sufficient evidence or strength.

Real Estate Agent

A licensed professional who arranges real estate transactions, representing buyers, sellers, or both.

Out-Of-Province

Referring to something or someone not originating from or existing outside the specified province or region.

Laws

Established and enforced rules governing the behavior of individuals and groups within a society.