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Quotas imposed on Japanese imports into the United States tend to: A) penalize b

ID: 1178264 • Letter: Q

Question

Quotas imposed on Japanese imports into the United States tend to: A) penalize both U.S. consumers and Japanese consumers.
B) benefit both U.S. consumers and Japanese consumers.
C) penalize U.S. consumers and benefit Japanese consumers.
D) benefit U.S. consumers and penalize Japanese consumers.
Quotas imposed on Japanese imports into the United States tend to: A) penalize both U.S. consumers and Japanese consumers.
B) benefit both U.S. consumers and Japanese consumers.
C) penalize U.S. consumers and benefit Japanese consumers.
D) benefit U.S. consumers and penalize Japanese consumers.
Quotas imposed on Japanese imports into the United States tend to: A) penalize both U.S. consumers and Japanese consumers.
B) benefit both U.S. consumers and Japanese consumers.
C) penalize U.S. consumers and benefit Japanese consumers.
D) benefit U.S. consumers and penalize Japanese consumers.
Quotas imposed on Japanese imports into the United States tend to:

Explanation / Answer

I think the answer is A because any quota imposed is done in order to make it difficult for the customers to import that particular good in order to check its prices. For eg, if the gold prices are increasing then the government can put an import quota on gold which would make it financially difficult to buy gold .