What Effect Does an Import Quota Have

question 126

Multiple Choice

What effect does an import quota have?

• A)It results in a loss of producer surplus.
• B)It decreases the price of the imported goods to consumers.
• C)It redistributes income away from domestic producers of those products toward domestic producers of exports.
• D)It increases the price of the domestic goods to consumers.

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Definitions:

Coherent

Logically connected or consistent in argument, idea, or narrative.

Paragraphs

A unique part of a written work that focuses on a single topic, marked by beginning on a new line, an indent, or a number.

Unity

The state of being united or joined as a whole, often used to describe the coherence and harmony among parts of a group or piece of writing.

Unrelated Ideas

Thoughts or concepts that lack a logical connection within the context they are presented, leading to confusion or lack of coherence.