Tariffs and Import Quotas Differ in That

question 4

Multiple Choice

Tariffs and import quotas differ in that

• A)one is a form of trade restriction,while the other is not.
• B)one is a tax,while the other is a limit.
• C)one is imposed by the government,while the other is imposed by the private sector.
• D)one is legal,while the other is not.
• E)one increases imports,while the other decreases imports.

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