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Business, 12.03.2020 06:00 koshh4

An import quota A. has the same effects on welfare as an import tariff. B. is always more costly to a country than an import tariff. C. is always less costly to a country than an import tariff. D. generates rents that might go to foreigners.

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An import quota A. has the same effects on welfare as an import tariff. B. is always more costly to...
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