Multiple Choice
An increase in the use of quotas is expected to:
A) reduce the country's current account balance, if other governments do not retaliate.
B) increase the country's current account balance, if other governments do not retaliate.
C) have no impact on the country's current account balance unless other governments retaliate.
D) increase the volume of a country's trade with other countries.
Correct Answer:

Verified
Correct Answer:
Verified
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