Q
During periods of growing domestic demand, an import quota ?
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A
A. Is less restrictive on a country’s imports than a tariff
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B
B. Is more restrictive on a country’s imports than a tariff
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C
C. Has the same restrictive effect on a country’s imports as a tariff
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D
D. Will always generate increased tax revenue for the government
Correct Answer:
B. B. Is more restrictive on a country’s imports than a tariff
