Sometimes external forces in the economy throw the supply and demand for a product or service out of whack. Trade quotas are a common and powerful example of one such external force. One way ...

Demand is what the consumer can and is willing to buy at a given price over a given time period. Analyzing demand is a complicated process that takes into account many variables. Economists and ...

Measuring the inefficiencies created from import quotas. Sometimes external forces in the economy throw the supply and demand for a product or service out of whack. Trade quotas are a common and ...