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    Principles of Economics Study Set 12
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    Exam 29: International Trade
  5. Question
    When a Quota Is Imposed, the Difference Between the Price
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When a Quota Is Imposed, the Difference Between the Price

Question 186

Question 186

True/False

When a quota is imposed, the difference between the price the consumer pays and the price the foreign supplier gets goes to the government that imposed the quota.

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