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Which of these is a likely outcome of a large country's decision to restrict imports of a good by imposing a quota? Select a Choice
Which of these is a likely outcome of a large country's decision to restrict imports of a good by imposing a quota? Select a Choice Below current question choices OptionA It will cause the world demand for the good to increase. OptionB It will cause the world demand for the good to decrease. OptionC It will cause the price of the good to decrease in the domestic market. OptionD It will cause the price of the good to increase in the world market
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Microeconomics Theory and Applications
Authors: Edgar K. Browning, Mark A. Zupan
12th edition
9781118920060, 1118758870, 1118920066, 978-1118758878
