The quota on sugar imports harms (more than one answer may be correct) a. American consumers...
The quota on sugar imports harms (more than one answer may be correct)
| a. |
American consumers of sugar. |
|
| b. |
American producers of sugar. |
|
| c. |
foreign producers of sugar. |
|
| d. |
foreign consumers of sugar. |
Homework Answers
Answer
Option a and c
the quota will increase the domestic product which harms domestic consumer and the foreign producer supply is fixed to quota limit which decreases the foreign producer surplus which harms them.
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The quota on sugar imports harms (more than one answer may be
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