7. Lobbying for or against trade restrictions Trade restrictions affect the overall welfare of an economy, since they change the price consumers pay for a good and the quantity produced and consumed domestically. Trade restrictions, such as quotas, usually benefit domestic and hurt domestic , since they the domestic price of a good. True or False: Consumers find it difficult to exert the political influence needed to remove trade restrictions, because the costs to consumers are very small and widely dispersed, which makes it difficult for consumers to organize. True False