1. Japan sets an import quota on rice. California rice growers would like to export more rice...

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1. Japan sets an import quota on rice. California rice growers would like to export more rice to Japan. What are Japan’s arguments for restricting imports of Californian rice? Are these arguments correct? Who loses from this restriction in trade?

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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