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Commerce · Q173

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 173

Q173

Import quotas tend to result in all of the following except,

A.
domestic producers of the imported good being harmed
Answer
B.
domestic consumers of the imported good being harmed
C.
prices increasing in the importing country
D.
prices falling in the exporting country

Answer: Option A

Solution

Answer: Option A
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