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An import quota will O A. limit the amount of a good local producers can make. O B. limit the amount of a foreign good
An import quota will O A. limit the amount of a good local producers can make. O B. limit the amount of a foreign good that can be brought into the United States O C. leave the equilibrium price unchanged and increase the quantity sold O D. lead to a shift of the demand curve
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
