Tariffs and quotas are often imposed when a government is more responsive to __________ interests, and the benefits of those trade restrictions are often __________

Which of the following will lead to an increase in the gross domestic product of a country?

A) An increase in expenditure on investment goods B) A fall in the expenditure on consumption C) A fall in the expenditure incurred by the government D) An increase in imports

Which of the following describes the market structure of monopoly?

a. many firms with some control over price, and considerable product differentiation b. many firms with no control over price, producing identical products with no differentiation c. a few firms with some control over price, producing similar products which are close substitutes d. a few firms with no control over price, producing highly differentiated products e. a single firm producing all of the output for the industry