Distinguish between a tariff and a quota, Macroeconomics

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Distinguish between a tariff and a quota

Problem

1. (International Trade) Distinguish between a tariff and a quota. Who benefits from and who is harmed by such restrictions on imports?

2. (Case Study: Wheel of Fortune) What factors led Japanese auto producers to build factories in the United States?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Distinguish between a tariff and a quota

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Macroeconomics: Distinguish between a tariff and a quota

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