The windfall price increase of an imported good that


The windfall price increase of an imported good that results hen a quota is imposed on that good accrues to

A. consumers who benefit from the lower-priced domestic substitutes

B. the importer who is successful in getting a license to import the good

C. the government because it imposes the quota

D. no one, since only a tariff generates an explicit revenue stream

E. firms in the industry protected by the imposition of the quota

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: The windfall price increase of an imported good that
Reference No:- TGS0949995

Expected delivery within 24 Hours