An import quota or tariff on French wine that raises the prices for wine will probably
a. hurt domestic wineries, which will lose business as a result of the higher prices
b. hurt both domestic wine drinkers and domestic wine producers because of a reduction in competition.
c. hurt both domestic wine drinkers and domestic wineries but this will be more than offset by a reduction in driving fatalities.
d. hurt domestic wine drinkers but help domestic wineries, which will gain from the higher prices.
d
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