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What will likely be the effect of an import quota or tariff on Belgian beer that raises beer prices? a. It will hurt both domestic
What will likely be the effect of an import quota or tariff on Belgian beer that raises beer prices? a. It will hurt both domestic beer drinkers and domestic breweries, but this effect will be more than offset by a reduction in driving fatalities. b. It will hurt domestic beer drinkers but help domestic breweries, which will gain from the higher prices. c. It will hurt both domestic beer drinkers and domestic beer producers because of a reduction in competition. d. It will hurt domestic breweries, which will lose business as a result of the higher price
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