Author Question: If a country raises their import quota for cars, what is the desired effect of this change? A) To ... (Read 199 times)

bobypop · **on:** Jul 14, 2018

If a country raises their import quota for cars, what is the desired effect of this change?
A) To increase car imports
B) To decrease car imports
C) To halt car imports
D) To halt car exports
E) To increase car exports

Question 2

Suppose that India changes the tariff on all imports from 40 to 10. What is the desired effect of this change?
A) To increase the price and amount of imports
B) To decrease the price and amount of imports
C) ITo increase the price of imports and decrease the amount of imports
D) To decrease the price of imports and increase the amount of imports
E) To establish a quota on imports