If an Import Quota Is Imposed on Imports of Shrimp

question 262

Multiple Choice

If an import quota is imposed on imports of shrimp into the United States,U.S.consumer surplus from shrimp will ________ and U.S.total surplus from shrimp will ________.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease
• E) increase; not change

---

Definitions:

Social Acceptance

The act of being recognized, approved, or accepted within a social group or society at large.

Cognitive Intelligence

The ability to learn, understand, reason, and solve problems through mental processes, including memory, awareness, and perceptual cognition.

Emotional Intelligence

The ability to comprehend, manage, and convey one's feelings, as well as to navigate social interactions wisely and with empathy.

Competency Perspective

An approach focusing on the identification and development of key skills and abilities that contribute to individual and organizational performance.