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Q. |
The home-country government can confiscate the revenue effect of an import quota if |
A. | Quota licenses are given to foreign exporting companies |
B. | Quota licenses are auctioned to the highest-bidding importing company |
C. | If quota licenses are given to domestic consumers of the good |
D. | Both (a) and (c) |
Answer» B. Quota licenses are auctioned to the highest-bidding importing company |
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