question archive If the government uses a quota to restrict imports of foreign-made shoes into the U
If the government uses a quota to restrict imports of foreign-made shoes into the U
Subject:EconomicsPrice: Bought3
If the government uses a quota to restrict imports of foreign-made shoes into the U.S.,
Group of answer choices
the price of shoes in the U.S. will increase, and U.S. firms will produce more shoes.
the price of shoes in the U.S. will increase, and U.S. firms will produce fewer shoes.
the price of shoes in the U.S. will decrease, and U.S. firms will produce more shoes.
the price of shoes in the U.S. will decrease, and U.S. firms will produce fewer shoes.
