CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 53 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 53
Topic #: 1

If country A imposes a quota on imports from country B, what is the direct effect of the quota?

AThe price of imports into country A will rise

BThe price of imports into country A will fall

CThe quantity of imports into country A will fall

DThe quantity of imports into country A will rise

Show Suggested Answer

Suggested Answer: C

by Katina at Jun 19, 2022, 06:36 AM

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