If the United States Imposed a Quota on the Amount

question 233

Multiple Choice

If the United States imposed a quota on the amount of salmon imported from Chile,the result would be ________ salmon prices in the United States and ________ in the quantity of salmon demanded in the United States.

• A) higher; an increase
• B) higher; a decrease
• C) lower; an increase
• D) lower; a decrease
• E) higher; no change

---

Definitions:

False Assertion

False Assertion occurs when an inaccurate or untrue statement is made, particularly in contexts where the truthfulness of statements is critical, such as in contracts or testimonials.

Nondisclosure

An agreement or principle that restricts the sharing of confidential information or secrets with unauthorized parties.

Mutual Mistake

A legal doctrine where a contract may be voided if both parties were mistaken about a fundamental aspect at the time of agreement.

Adverse Effect

A negative impact or harm that is caused by an action or event.