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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 19: International Trade
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    An Effective Import Quota Is One That
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An Effective Import Quota Is One That

Question 120

Question 120

Multiple Choice

An effective import quota is one that


A) reduces imports to zero
B) increases exports
C) reduces the price of an imported good below the world price
D) limits imports to less than what would be imported under free trade
E) reduces demand for a good to zero

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