If the U.S.government imposes a more restrictive import quota on Japanese video gaming systems,the ____________ curve for Japanese video gaming systems in the U.S.will shift ___________.
A) supply; leftward
B) supply; rightward
C) demand; leftward
D) demand; rightward

Question

Quizplus · Accepted Answer

When the U.S. government imposes a more restrictive import quota, it limits the supply of Japanese video gaming systems in the U.S. market. This will cause the supply curve for the Japanese video gaming systems to shift leftward, indicating a decrease in the quantity supplied at any given price. Therefore, the correct choice is A, supply leftward.

If the USGovernment Imposes a More Restrictive Import Quota on Japanese Video