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If Free International Trade Is Compromised by the Imposition of an Import

Question 108

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

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