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Which of the following can reduce the number of cars​ imported? A. A tariff B. A...

Which of the following can reduce the number of cars​ imported?

A. A tariff

B. A quota

C. A ban

D. All of the above

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Answer #1

Tariff: Without tariff, import of car is D - A. Tariff raise the world price such that imports falls to C - B.

Quota: Without quota, import is C - A. Due to impose of quota, supply cause shifted rightward which reduce imports to C - B.

Ban: If people are not able to purchase car from any other country due to ban imposed, it will reduce imports.

Option D is correct.

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