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scoundrel [369]
3 years ago
10

18. The creation of a quota on Canadian softwood lumber sold in the U.S. may affect prices and quantities of Canadian softwood l

umber sold in the U.S. and the prices and quantities of U.S. softwood lumber sold in the U.S. Assuming that the quota is set at a level lower than the current level of imports, the resulting equilibrium price paid by consumers in the imported Canadian softwood lumber market will ______________.
a. Rise
b. Fall
c. Not change
d. May rise or fall
Business
1 answer:
harina [27]3 years ago
8 0
Umm idk but maybe it is c
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