The two groups that benefit the most from quotas are
A. the importers who have the right to import the restricted good and the domestic producers of the restricted good.
B. the domestic consumers of the restricted good and the domestic producers of the restricted good.
C. the importers who have the right to import the restricted good and the domestic consumers of the restricted good.
D. the domestic consumers of the restricted good and the foreign producers of the restricted good.
Answer: A
You might also like to view...
Explain why the transactions costs involved with trying to acquire 100 acres of land from one landowner are probably going to be less than the transactions costs involved with trying to acquire 10 acres of land from each of 10 different landowners
What will be an ideal response?
Because of diminishing returns, an economy can continue to increase real GDP per hour worked only if
A) the per-worker production function shifts downward. B) there is technological change. C) there are decreases in human capital. D) there continue to be decreases in capital per hour worked.
Ultimate solutions to the problems of unsustainable debt must take into account the incentives for lenders to make loans
Indicate whether the statement is true or false
Sticky wages cause the:
A. short-run aggregate supply curve to slope upward. B. short-run aggregate supply curve to slope downward. C. long-run aggregate supply curve to slope upward. D. long-run aggregate supply curve to slope downward.