Business, 26.12.2019 02:31 borgeschristoper694
Assume that the united states imposes an import quota on italian shoes. relative to the equilibrium world price that would exist in the absence of import quotas, the equilibrium price of shoes in the united states will most likely and the equilibrium price of shoes in italy will most likely
a. increase; decrease
b. decrease; remain the same
c. decrease; increase
d. increase; remain the same
Answers: 1
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Assume that the united states imposes an import quota on italian shoes. relative to the equilibrium...
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