Suppose that the U.S. imposed an import quota on beef. Sales of U.S. beef producers would

a. rise and exports of other industries would increase.
b. rise and exports of other industries would decrease.
c. not change, exports of other industries would increase.
d. not change, exports of other industries would decrease.

b

Economics

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What does the aggregate demand curve show? What factors change and what factors remain the same when there is a movement along the aggregate demand curve?

What will be an ideal response?

Economics

The expected return on dollar deposits in terms of foreign currency can be written as the ________ of the interest rate on dollar deposits and the expected appreciation of the dollar

A) product B) ratio C) sum D) difference

Economics