If the USImposed Import Quotas on Cotton,then Which of the Following Would

question 143

Multiple Choice

If the U.S.imposed import quotas on cotton,then which of the following would rise?

• A)the U.S.real exchange rate and U.S.net exports
• B)the U.S.real exchange rate but not U.S.net exports
• C)U.S.net exports but not the U.S.real exchange rate
• D)neither the U.S.real exchange rate nor U.S.net exports