Problem
1. Why did the u.s. government in 1982 provide import quotas as an aid to domestic sugar producers?
2. Which tends to result in a greater welfare loss for the home economy:
(a) an import quota levied by the home government or
(b) a voluntary export quota imposed by the foreign government?
3. What would be the likely effects of export restraints imposed by Japan on its auto shipments to 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.