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CroweN6459 CroweN6459
wrote...
Posts: 493
5 years ago
A quota represents

• A combination of ad valorem and specific tariffs.

• A quantitative restriction on the amount of good that may be imported.

• A compromise between taxpayers and consumers.

• None of the above.
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
Read 59 times
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Replies
wrote...
5 years ago
A quantitative restriction on the amount of good that may be imported.
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