Question
How do quotas help domestic producers?
Quotas facilitate increased exports of domestic goods.
Quotas lower the cost of domestic goods.
Quotas limit the number of producers that compete in a sector.
Quotas facilitate the sale of more domestic goods.
Quotas facilitate increased exports of domestic goods.
Quotas lower the cost of domestic goods.
Quotas limit the number of producers that compete in a sector.
Quotas facilitate the sale of more domestic goods.
Answers
Answered by
GPT-5 mini
"Quotas facilitate the sale of more domestic goods."
Explanation: An import quota restricts foreign supply, reducing competition and allowing domestic producers to sell a larger share of the market (often at higher prices). Quotas do not lower domestic costs, and they do not by themselves increase exports.
Explanation: An import quota restricts foreign supply, reducing competition and allowing domestic producers to sell a larger share of the market (often at higher prices). Quotas do not lower domestic costs, and they do not by themselves increase exports.
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