This topic contains a solution. Click here to go to the answer

Author Question: Quotas are designed to: a. restrict export of domestic goods to foreign markets. b. protect ... (Read 145 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Quotas are designed to:
 a. restrict export of domestic goods to foreign markets.
  b. protect domestic producers from higher sales tax.
  c. increase foreign demand for domestic products.
  d. increase domestic demand for foreign products.
  e. protect domestic producers from foreign competition.

Question 2

Welfare effects are the gains and losses associated with ____ in markets.
 a. supply shocks
 b. government intervention
  c. excess production
 d. demand supply gap



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

e

Answer to Question 2

b




CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

For a complete list of videos, visit our video library