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Other Things Equal, an Export Quota Agreement to Stabilize the Price

Question 6

Multiple Choice

Other things equal, an export quota agreement to stabilize the price of a good on the World market will be more effective, the __________ the percentage of producer Countries that take part in the agreement and the __________ it is for countries to store (or stockpile) the good.


A) larger; easier
B) larger; more difficult
C) smaller; easier
D) smaller; more difficult

Correct Answer:

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