Question

How do quotas protect local producers? (1 point)
• Quotas add a fee to the price of imported goods, so they are less competitive than local products.
• Quotas increase competition among different countries, which lowers prices of goods.
• Quotas help organize workers to advocate for increased protections.
• Quotas limit the goods that can be imported, which ensures less competition for local producers.

Answer 1

Quotas limit the goods that can be imported, which ensures less competition for local producers.