Multiple Choice
If the United States imposes an import quota on clothing,U.S.exports
A) increase, U.S.imports increase, and U.S.net exports are unchanged.
B) increase, U.S.imports decrease, and U.S.net exports increase.
C) decrease, U.S.imports increase, and U.S.net exports decrease.
D) decrease, U.S.imports decrease, and U.S.net exports are unchanged.
Correct Answer:
Verified
Correct Answer:
Verified
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