With free trade between Australia and the UnitedStates, Australia would export beef to the United States. But the United States imposes an import quota on Australian beef. Explain how this quota influences the price that U.S. consumers pay for beef, the quantity of beef produced in the United States, and the U.S. and the Australian gains from trade. Question content area bottom Part 1 If the United States imposes an import quota on Australian beef, the price that U.S. consumers pay for beef will______ and the quantity of beef produced in the United States will______.
A. not change; decrease
B. rise; not change
C. rise; increase
D. not change; increase