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B. the costs of receiving necessary medical education are higher<br />
C. a relatively small number of students are admitted to medical<br />
schools<br />
D. all of the above<br />
Part 1 of 1 -90.0/ 100.0 Points<br />
Question 1 of 205.0/ 5.0 Points<br />
A possible reason to impose a protectionist policy such as a tariff is to __________ .<br />
A. increase the welfare of domestic consumers<br />
B. slow domestic production<br />
C. aid other nations in developing their own<br />
industries<br />
D. protect domestic workers from foreign competition<br />
Question 2 of 205.0/ 5.0 Points<br />
Which of the following situations will arise in the domestic market following the removal of an import quota?<br />
A. imports increase, domestic production increases, prices increase<br />
B. imports increase, domestic production decreases, prices decrease<br />
C. imports decrease, domestic production increases, prices decrease<br />
D. imports decrease, domestic production decreases, prices<br />
increase<br />
Question 3 of 205.0/ 5.0 Points<br />
If Italy can produce grapes at a lower opportunity cost than any other nation, Italy is said to have a(n.<br />
__________ in the production of grapes.
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