A quota rent is: O levied as a fixed charge for each unit of a good imported. O a quota on trade imposed by the exporting country. O the extra profit producers make when supply is artificially limited by an import quota. O levied as a proportion of the value of the imported good.
A quota rent is: O levied as a fixed charge for each unit of a good imported. O a quota on trade imposed by the exporting country. O the extra profit producers make when supply is artificially limited by an import quota. O levied as a proportion of the value of the imported good.
Chapter19: Economic Development
Section: Chapter Questions
Problem 2.3P
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A quota rent is: O levied as a fixed charge for each unit of a good imported. O a quota on trade imposed by the exporting country. O the extra profit producers make when supply is artificially limited by an import quota. O levied as a proportion of the value of the imported good.
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