What are the partial equilibrium effects of an import quota, Macroeconomics

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What are the partial equilibrium effects of an import quota

Problem

What is an import quota? How is it mostly used today? What are the partial equilibrium effects of an import quota? How are they similar to and different from the effects of an equivalent import tariff?

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: What are the partial equilibrium effects of an import quota

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Macroeconomics: What are the partial equilibrium effects of an import quota

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