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If the European Union sets a quota limiting the import of clothing made in China, leading to a decrease in the UK's clothing imports, what will happen to the UK's net exports?

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Explanation

Since the quota is imposed by the EU and affects UK imports from China, the UK's net exports will not be directly impacted and therefore will remain unchanged.

If the European Union sets a quota limiting the impo… — Budget Deficits And The Trade Balance | PakQuizHub