The Two Groups That Benefit the Most from Quotas Are

question 159

Multiple Choice

The two groups that benefit the most from quotas are

• A) the importers who have the right to import the restricted good and the domestic producers of the restricted good.
• B) the domestic consumers of the restricted good and the domestic producers of the restricted good.
• C) the domestic consumers of the restricted good and the foreign producers of the restricted good.
• D) the importers who have the right to import the restricted good and the domestic consumers of the restricted good.

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Definitions:

Planned Approach

A methodical strategy designed in advance to achieve a specific goal or to solve a particular problem.

Trust Between

The level of confidence, reliability, and understanding existing among individuals, organizations, or systems, enabling a cooperative or interdependent relationship.

On-the-Job Training

Training provided to employees at their place of work, focusing on the practical application of skills necessary for their role.

Small and Medium

Generally refers to small and medium-sized businesses or enterprises characterized by their size, which falls below certain limits in terms of employees or revenue.