If the U.S.government imposes a quota on leather shoes,then net exports of U.S.shoes would
A)rise.
B)not change.
C)fall.
D)rise,not change,or fall depending on what happened to the exchange rate.

Question

Quizplus · Accepted Answer

A quota on leather shoes would limit imports, potentially increasing demand for U.S.-made shoes, thus increasing net exports.

If the USgovernment Imposes a Quota on Leather Shoes,then Net Exports of Exports