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When an Import Quota Is Imposed, the Gap Between the Domestic

Question 64

Multiple Choice

When an import quota is imposed, the gap between the domestic price and the price received in the exporting country is captured by


A) consumers in the importing country.
B) the domestic producers of the good.
C) the government of the importing country.
D) foreign exporters.
E) the importers of the good.

Correct Answer:

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