Multiple Choice
If free international trade is compromised by the imposition of an import quota or tariff,
A) all of the following are true
B) import-competing producers in the country that imposes the tariff or quota will be able to sell a larger quantity at higher prices
C) consumers of import goods will obtain a larger quantity at lower prices
D) workers in export industries will find more jobs
E) consumers of export goods will obtain a larger quantity,although only at higher prices
Correct Answer:

Verified
Correct Answer:
Verified
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