Compared to a Tariff, an Import Quota, Which Restricts Imports

question 139

Multiple Choice

Compared to a tariff, an import quota, which restricts imports to the same amount as the tariff, will leave the country as a whole:

• A) worse off than a comparable tariff.
• B) not as bad off as a comparable tariff.
• C) about the same as a comparable tariff.
• D) Any of the above can be true.

---

Definitions:

65 Years Old

A common age of retirement in many societies, also considered the beginning of senior citizen or elderly status.

Group of States

An alliance or collective of countries that collaborate for political, economic, or military purposes.

Elderly Men

Male individuals of advanced age, often considered to be in the later stage of life, commonly recognized as 65 years and older in many societies.