Trade and Relations Quick Check 2 of 42 of 4 Items Question How do quotas protect local producers?(1 point) Responses Quotas increase competition among different countries, which lowers prices of goods. Quotas increase competition among different countries, which lowers prices of goods. Quotas add a fee to the price of imported goods, so they are less competitive than local products. Quotas add a fee to the price of imported goods, so they are less competitive than local products. Quotas help organize workers to advocate for increased protections. 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 add a fee to the price of imported goods, so they are less competitive than local products.