The two groups that benefit the most from quotas are
A) the importers who have the right to import the restricted good and the domestic producers of the restricted good.
B) the domestic consumers of the restricted good and the domestic producers of the restricted good.
C) the domestic consumers of the restricted good and the foreign producers of the restricted good.
D) the importers who have the right to import the restricted good and the domestic consumers of the restricted good.
Answer: A
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Which of the following is an important factor in the success of agrarian land reform policies?
(a) the introduction of sharecropping. (b) the introduction of tenant farming. (c) farmer training programs. (d) the introduction of more capital intensive methods.
Prior to the collapse of communism, communist countries worked on the premise that economic well-being could be best attained by
a. a market economy. b. a strong reliance on prices and individuals' self-interests. c. a system of large privately-owned firms. d. the actions of government central planners.