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    Microeconomics Study Set 25
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    Exam 8: International Trade
  5. Question
    A Tariff or Quota Will _____ Prices and _____ the Consumption
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A Tariff or Quota Will _____ Prices and _____ the Consumption

Question 251

Question 251

Multiple Choice

A tariff or quota will _____ prices and _____ the consumption of the protected goods in the importing country.


A) raise;increase
B) raise;decrease
C) lower;increase
D) lower;decrease

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