Question

How do quotas protect local producers?(1 point)

Responses

Quotas limit the goods that can be imported, which ensures less competition for local producers.
Quotas limit the goods that can be imported, which ensures less competition for local producers.

Quotas increase competition among different countries, which lowers prices of goods.
Quotas increase competition among different countries, which lowers prices of goods.

Quotas add a fee to the price of imported goods, so they are less competitive than local products.
Quotas add a fee to the price of imported goods, so they are less competitive than local products.

Quotas help organize workers to advocate for increased protections.

Answer 1

[AI-generated answer — Bot GPT 3.5]

Quotas limit the amount of goods that can be imported, which reduces competition for local producers. This ensures that local producers have a larger market share and are protected from being outcompeted by cheaper imported goods.