Question

ctx-ecorpg-0017&quiz action takeQuiz&quiz_probGuid QNAPCOA801010000003e736570060000&ck the bookmarks bar. Import bookmarks now can have an alternative to the traditional and costly approach of paying for course materials individually. Learn how at i Home Grades Personalized Reviews Discussion Course Materials Nontariff Trade Barriers Graded Assignment | Read Chapter 5 | Back to Assignment Due Friday 03.3018 a Attempts: 0 3. Trade policies Tariffs and quotas: Average: 0/1 Aa Aa O Benefit domestic producers of the protected good and harm domestic consumers of the protected good O Benefit foreign consumers of the protected good and harm domestic producers of the protected good O Benefit foreign producers of the protected good and harm domestic producers of the protected good O Benefit foreign producers of the protected good and harm domestic consumers of the protected good Grade it Now Save & Continue Continue without savin Copyright Notices Terms of UsePrivacy Notice Security Notice Accessibility

Answer 1

Tariffs and quotas are there to protect the domestic producers of goods. It protects domestic producer by increasing the price. This increased price harm the consumer.

The answer is "A" protect producer of the protected goods and harm the consumer of the protected goods.