A Tariff or Quota That Limits the Entry of Foreign

question 180

Multiple Choice

A tariff or quota that limits the entry of foreign goods to the U.S.market will

• A)benefit domestic producers in the protected industries and harm domestic consumers.
• B)increase the nation's real income by protecting domestic jobs from foreign competition.
• C)reduce the demand for U.S.export goods,lowering employment in export industries.
• D)do both a and c.

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