Multiple Choice
Which of the following is not included in the effects of quotas
A) Price effect
B) Consumption effect
C) Income effect
D) Protective effect
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q13: A tariff results in an improvement in
Q14: Ad valorem tariffs are<br>A)Duties levied per physical
Q15: A quota system which allows a certain
Q16: When government levies import duties which varies
Q17: Prof. Kindleberger calls the combined protective and
Q19: The theory of gains from trade was
Q20: Protection refers to a policy where<br>A)Export industries
Q21: imposition of a tariff improves the terms
Q22: The actual exchange ratio between two countries
Q23: Prof. Ronald Findlay modified Ricardo's measure of