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​An Increase in the Use of Quotas Is Expected To

Question 12

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.

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