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Import Quotas

The US government imposes a quota on lamb imports from New Zealand and Australia. New Zealand and Australia have lobbied the US government for an increase in the quota. What is the counter argument put forth by the US government? Which argument is really and example of rent seeking?

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The reason why the US government does not increase the quota is that they are trying to protect their domestic market for both lamb and other beef products. If they increase the quota, ...

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