If the United States Negotiates a Voluntary Export Restraint with International

question 225

Multiple Choice

If the United States negotiates a voluntary export restraint with international sugar producing nations,then

• A) U.S. sugar buyers pay a lower price for sugar.
• B) U.S. sugar producers produce a smaller quantity.
• C) imports of sugar increase.
• D) the U.S. government collects less revenue than if it imposed a tariff on sugar.
• E) the foreign governments collect more revenue than if a tariff is imposed on sugar.

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