A) How do quotas protect local producers? (1 point)

Question

Quotas increase competition among different countries, which lowers prices of goods.
Quotas limit the goods that can be imported, which ensures less competition for local producers.
Quotas help organize workers to advocate for increased protections.
Quotas add a fee to the price of imported goods, so they are less competitive than local
products.

Answer 1

The correct answer is:
Quotas limit the goods that can be imported, which ensures less competition for local producers.