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Management · Q177

Foreign Trade Policy

Graduate and Post Graduate · Management · question 177

Q177

The home country government can confiscate the revenue effect of an import quota if

A.
quota licenses are given to foreign exporting companies
B.
quota licenses are auctioned to the highest bidding importing company
Answer
C.
quota licenses are given to domestic consumers of the good
D.
both A and C

Answer: Option B

Solution

Answer: Option B
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