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    Managerial Economics
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    Exam 11: Regulation and Antitrust: The Role of Government in the Economy
  5. Question
    An Import Tariff and an Import Quota Both Have the Effect
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An Import Tariff and an Import Quota Both Have the Effect

Question 1

Question 1

True/False

An import tariff and an import quota both have the effect of protecting domestic producers from foreign competition.

Correct Answer:

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