Multiple Choice
When a tariff is imposed on a good,the difference between the world price and the domestic price goes to _________,but when a quota limits the importation of the good,the difference between the world price and the domestic price goes to ________.
A) the government;private individuals or firms
B) the government;the government
C) the government;the market
D) private individuals or firms;the government
E) private individuals or firms;private individuals or firms
Correct Answer:

Verified
Correct Answer:
Verified
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