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Which of the following conditions must be fulfilled to reach a new equilibrium, under free trade, when the government of the importing country imposes a
Which of the following conditions must be fulfilled to reach a new equilibrium, under free trade, when the government of the importing country imposes a quota? Select a Choice Below current question choices OptionA The price of the traded product, in the importing country, should change in such a way that the import demand falls to the level of the quota. OptionB The price of the traded product, in the importing country, should change in such a way that the import demand rises above the level of the quota. OptionC The price of the traded product, in the exporting country, should change in such a way that the export demand falls below the level of the quota. OptionD The price of the product being traded should be equal in both the importing and the exporting countries
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