Which of the following will likely occur if Israel imposes a quota on automobiles imported from the United States?(1 point)

Question

Responses

Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture more automobiles.
Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture more automobiles.

Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture fewer automobiles.
Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture fewer automobiles.

Israeli consumers will purchase more automobiles, and Israeli producers will manufacture fewer automobiles.
Israeli consumers will purchase more automobiles, and Israeli producers will manufacture fewer automobiles.

Israeli consumers will purchase more automobiles, and Israeli producers will manufacture more automobiles.

Answer 1

If Israel imposes a quota on automobiles imported from the United States, it is likely that:

Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture more automobiles.

This is because a quota limits the number of imported vehicles, leading to a decrease in the availability of American automobiles in the Israeli market. As a result, consumers will have fewer options, which could lead to fewer purchases overall. Additionally, the reduced competition from imports may enable Israeli producers to increase their manufacturing to fill the gap left by decreased imports.