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    Exam 32: Comparative Advantage and the Open Economy
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    Quotas and Tariffs Both Serve the Purpose of
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Quotas and Tariffs Both Serve the Purpose of

Question 43

Question 43

Multiple Choice

Quotas and tariffs both serve the purpose of


A) increasing foreign trade.
B) restricting foreign trade.
C) causing domestic producers to lose revenues.
D) lowering prices on imported goods.

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