A Voluntary Export Restraint Will ________ Producer Surplus, ________ Consumer

question 25

Multiple Choice

A voluntary export restraint will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic national welfare.

• A) increase; decrease; increase; have an ambiguous effect on
• B) increase; decrease; decrease; decrease
• C) increase; decrease; have no effect on; have an ambiguous effect on
• D) increase; decrease; have no effect on; decrease
• E) increase; increase; decrease; have an ambiguous effect on

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