An institution that functions like a business but does not operate to generate profits:

The Bretton Woods system was established in 1944 and remained in place until the early 1970s

Indicate whether the statement is true or false

The effect of an import quota on the domestic market is to shift the:

a. demand curve to the right by the amount of the quota. b. demand curve to the left by the amount of the quota. c. supply curve to the right by the amount of the quota. d. supply curve to the left by the amount of the quota. e. consumers' marginal utility curves if they prefer foreign goods to domestic goods.