Question

mport quotas and tariffs produce some common results. Which of the following is not one of those common results?A. Total surplus in the domestic country falls.B. Producer surplus in the domestic country increases.C. The domestic country experiences a deadweight loss.D. Revenue is raised for the domestic government.

Answer 1

mport quotas and tariffs produce some common results. Which of the following is not one of those common results?A. Total surplus in the domestic country falls.B. Producer surplus in the domestic country increases.C. The domestic country experiences a deadweight loss.D. Revenue is raised for the domestic government.

Step-by-step explanation:

Answer is "D" Revenue raised for the domestic government