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-Assuming There Is No Tariff,the Imposition of the Import Quota

Question 28

Multiple Choice

  -Assuming there is no tariff,the imposition of the import quota: A) will increase the revenue of the Canadian government by areas G + H B) will increase the revenue of the Canadian government by areas E + F + G + H + J C) leads to an extra revenue to foreign producers equal to areas G + H, which partly counteracts the loss they bear because of lower quantities supplied D) will increase the revenues of foreign producers by area E E) will increase the revenues of foreign producers by area F + J
-Assuming there is no tariff,the imposition of the import quota:


A) will increase the revenue of the Canadian government by areas G + H
B) will increase the revenue of the Canadian government by areas E + F + G + H + J
C) leads to an extra revenue to foreign producers equal to areas G + H, which partly counteracts the loss they bear because of lower quantities supplied
D) will increase the revenues of foreign producers by area E
E) will increase the revenues of foreign producers by area F + J

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