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If a Quota Is Placed on a Good,then Imports of the Good

Question 101

Multiple Choice

If a quota is placed on a good,then imports of the good _________,domestic production of the good _________,and domestic consumption of the good _________.


A) increase;increases;increases
B) increase;increases;decreases
C) increase;decreases;decreases
D) decrease;decreases;decreases
E) decrease;increases;decreases

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