An import quota on sugar
A) increases the imports of sugar and lowers its price.
B) increases the imports of sugar and raises its price.
C) increases the demand for sugar and raises its price.
D) decreases the imports of sugar and raises its price.
D
Economics
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If the total assets of a bank equals $50,000 and the total liabilities of the bank equal $20,000, stockholders' equity will equal:
A) $50,000. B) $70,000. C) $30,000. D) $20,000.
Economics
If the spot exchange rate is undervalued, the foreign rate of return is:
a. equal to the domestic rate of return. b. greater than the domestic rate of return. c. less than the domestic rate of return. d. diverging from the domestic rate of return.
Economics