When those on the informed side of a market self-select, the problem of __________ occurs

An import quota restricts ________ and is designed to protect domestic ________

A) exports; consumers B) exports; producers C) imports; consumers D) imports; producers

Refer to Figure 7-1. Suppose the government allows imports of leather footwear into the United States. What will be the quantity demanded?

A) Q0 B) Q1 C) Q2 D) Q2 - Q0