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Which of the Following Statements Is False

Question 13

Multiple Choice

Which of the following statements is false ?


A) As a result of a quota, consumers' surplus falls.
B) As a result of a tariff, producers' surplus rises.
C) As a result of a tariff, consumers' surplus falls.
D) As a result of a quota, producers' surplus rises.
E) As a result of a tariff, consumers' surplus rises.

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