If the United States Negotiates a Voluntary Export Restraint with International

Multiple Choice

If the United States negotiates a voluntary export restraint with international sugar producing nations,then

A) U.S. sugar buyers pay a lower price for sugar.
B) U.S. sugar producers produce a smaller quantity.
C) imports of sugar increase.
D) the U.S. government collects less revenue than if it imposed a tariff on sugar.
E) the foreign governments collect more revenue than if a tariff is imposed on sugar.