Social Studies
Social Studies, 08.11.2019 02:31, TheGingerDevl7762

Import quotas : a. benefit domestic producers by limiting import competition b. benefit domestic consumers by decreasing the domestic price of an imported good c. a foreign producer in gaining a competitive advantage in the markets of the quota-imposing country d. can raise the prices of domestically produced good but not of the imported good if a domestic industry lacks the capacity to meet demand

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