When a Country That Imports a Particular Good Imposes an Import

question 181

Multiple Choice

When a country that imports a particular good imposes an import quota on that good,

• A)producer surplus increases and total surplus increases in the market for that good.
• B)producer surplus increases and total surplus decreases in the market for that good.
• C)producer surplus decreases and total surplus increases in the market for that good.
• D)producer surplus decreases and total surplus decreases in the market for that good.

---

Definitions:

Facilitation and Support

Providing assistance, resources, or an environment that makes it easier for a process or activity to take place, often leading to more effective outcomes.

Negotiating for Cooperation

The act of discussing and agreeing upon terms in a collaborative effort to ensure mutual benefit and cooperative outcomes.

OD Process

Short for Organizational Development Process, it refers to a series of steps and strategies implemented to improve organizational effectiveness and health.

Refreezing

The process of stabilizing a group or organization after a change has occurred, ensuring that new ways of operating are solidified into the culture.