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Economics (AS & A Level) · Oct / Nov 2021 · Paper 13 · Question 22

9708Protectionism

A government decides to increase a quota on an imported good. What is likely to happen?

  1. AThe demand for the good will fall.
  2. BThe good will become more expensive.
  3. CThe government's revenue will decline.
  4. DThere will be more of the good imported.

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Correct answer: D. There will be more of the good imported.

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