Question: Imagine Mexico is considering using an import quota rather than a tariff to protect its domestic automobile industry. How does the outcome differ from that

Imagine Mexico is considering using an import quota rather than a tariff to protect its domestic automobile industry. How does the outcome differ from that of a tariff?

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Imagine Mexico is considering using an import quota rather than a tariff to protect its domestic automobile industry. How does the outcome differ from that of a tariff?

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