Solved

Which Statement Best Describes the Result of a Small Country

Question 170

Multiple Choice

Which statement best describes the result of a small country imposing a quota on imported sugar?


A) The domestic price of sugar will fall.
B) Domestic sugar consumption will fall.
C) Domestic sugar production will fall.
D) Domestic sugar consumption will rise.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions