CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

In the case of a quota, the difference between the import supply price and the domestic price is collected by the ______.
A. domestic producer
B. individual who has the right to import under the import quote regulations
C. foreign producer
Explanation: This politically granted privilege creates a strong incentive for foreign producers to engage in rent-seeking activities.

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