In the Private and Public sector flow diagram with 5 sectors HH, B, Gov, Int'l and FM, as discussed in class: What happens when Int'l markets are forced to reducing imports by 80% (quota)- who benefit and who gets hurt? What happens to the GDP and the net export assuming exports are constant? a. B benefit because of more sells: Gov benefits because of more tax income; HH hurting because of higher prices , Int'l Market hurting because of lower sales, HH hurting because of less work, B benefit because of more production, the GDP is most likely up and the net export is most likely positive. b. B benefit because of more sells: Gov benefits because of more tax income; HH hurting because of higher prices , Int'l Market hurting because of lower sales, HH benefit because of more work, B benefit because of more production, the GDP is most likely up and the net export is most likely positive. c. B benefit because of more sells: Gov benefits because of more tax income; HH hurting because of higher prices , Int'l Market hurting because of lower sales, HH benefit because of more work, B benefit because of more