Q
The home country government can confiscate the revenue effect of an import quota if ?
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A
A. Quota licenses are given to foreign exporting companies
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B
B. Quota licenses are auctioned to the highest bidding importing company
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C
C. If quota licenses are given to domestic consumers of the good
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D
D. Both a and c
Correct Answer:
B. B. Quota licenses are auctioned to the highest bidding importing company