Windfall price increase of an imported good

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Reference no: EM13696707

The windfall price increase of an imported good that results hen a quota is imposed on that good accrues to

A. consumers who benefit from the lower-priced domestic substitutes

B. the importer who is successful in getting a license to import the good

C. the government because it imposes the quota

D. no one, since only a tariff generates an explicit revenue stream

E. firms in the industry protected by the imposition of the quota

Reference no: EM13696707

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