If free international trade is compromised by the imposition of an import quota or tariff,

a. all of the following are true
b. import-competing producers in the country that imposes the tariff or quota will be able to sell a larger quantity at higher prices
c. consumers of import goods will obtain a larger quantity at lower prices
d. workers in export industries will find more jobs
e. consumers of export goods will obtain a larger quantity, although only at higher prices

B

Economics

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All changes in nominal GDP are due to price changes

a. True b. False Indicate whether the statement is true or false

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