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If a Quota Is Imposed on Imports of Shrimp into the United

Question 144

Multiple Choice

If a quota is imposed on imports of shrimp into the United States,U.S.consumer surplus from shrimp will ________ and U.S.producer surplus from shrimp will ________.


A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
E) increase; not change

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