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Retnec Retnec
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7 years ago
Why do economists prefer tariffs to quotas?
A) Consumers may continue to buy imported products in spite of the tariff.
B) Tariffs do not really hinder trade; in fact, they may enhance trade.
C) As domestic products increase in price, foreign products become more competitive.
D) Both A and C are correct.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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VilaVila
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