MCQOPTIONS
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| 1. |
The home country government can confiscate the revenue effect of an import quota if ? |
| A. | quota licenses are given to foreign exporting companies |
| B. | quota licenses are auctioned to the highest bidding importing company |
| C. | if quota licenses are given to domestic consumers of the good |
| D. | Both A and C |
| Answer» C. if quota licenses are given to domestic consumers of the good | |