Question

Assume that instead of establishing a tariff, we set a quota on French computers exactly equal to the number of French computers that would be sold under a specific tariff. The resulting price of the French computers in the U.S. would be ______________ the price under the tariff, ____________

Answer 1

The resulting price of the French computers in the U.S. would be the same the price under the tariff.

Step-by-step explanation:

As we set a quota on French computers equal to the number of French computers that would be sold under a specific tariff, this wouldn't change demand. If there's not a change in demand, the price will be the same.