Influence of a quota
How would the influence of a quota which creates the simialr amount of imports differ?
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An import quota of QbQd would have the similar effects as the tariff, however there would be no tariff revenues to government through these imports; this revenue would effectively be transferred to foreign manufacture.
Why do national income accountants comprise only final goods in measuring net output GDP in a specific year? Why don't they comprise the value of stocks and bonds bought & sold? Why don't they comprise the value of utilized furniture bought and so
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