An import quota creates winners and losers that are similar to those of a tariff but with

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An import quota creates winners and losers that are similar to those of a tariff but with an interesting difference. When the government imposes an import quota, U.S. producers of the good gain.

U.S. consumers of the good lose.

Importers of the good gain.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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