Import Quotas and Tariffs Produce Similar Results

question 126

Multiple Choice

Import quotas and tariffs produce similar results.Which of the following is not one of those results?

• A)The domestic price of the good increases.
• B)Consumer surplus of domestic consumers increases.
• C)Producer surplus of domestic producers increases.
• D)A deadweight loss is experienced by the domestic country.

---

Definitions:

Elastic Recoil

The ability of an organ or tissue to return to its original shape after being stretched or compressed.

Chemical Receptors

Proteins in cells that bind to specific chemicals, allowing the cell to respond to various signals and changes in its environment.

Arterial Oxygen Saturation

A measure of the amount of oxygen bound to hemoglobin in the blood, indicating how well oxygen is being transported to body tissues.

Right Atrium

The right upper chamber of the heart that receives deoxygenated blood from the body and pumps it to the right ventricle.