If Canada Imposes an Import Quota on Bicycles,which Statement Would

question 117

Multiple Choice

If Canada imposes an import quota on bicycles,which statement would best predict the consequences?

• A) Canadian exports increase,imports increase,and net exports are unchanged.
• B) Canadian exports increase,imports decrease,and net exports increase.
• C) Canadian exports decrease,imports increase,and net exports decrease.
• D) Canadian exports decrease,imports decrease,and net exports are unchanged.