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Category > Economics Posted 03 May 2017 My Price 9.00

Which of the following statements about import quotas is true?

Which of the following statements about import quotas is true?

a. Import quotas are preferred to tariffs because they raise more revenue for the imposing government. b, Voluntary quotas established by the exporting country generate no deadweight loss for the importing country.

c. For every tariff, there is an import quota that could have generated a similar result.

d. An import quota reduces the price to the domestic consumers.

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Status NEW Posted 03 May 2017 01:05 PM My Price 9.00

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