Solved: Suppose that the us government has decided to enact a quota, Business Management

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Suppose that the us government has decided to enact a quota

Suppose that the US government has decided to enact a quota on Swiss watches to reduce the trade deficit. What impact will this quota have on the trade balance? How will this change affect real and nominal exchange rates? What impact does the quota have on US importer and exporter who are not involved in trading watches?

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Business Management: Suppose that the us government has decided to enact a quota

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