Quotas Are Often Favored Over Tariffs as Import Restrictions Because

question 58

Multiple Choice

Quotas are often favored over tariffs as import restrictions because:
I.They are more flexible tools for regulating imports.
II.It is easier for government policy makers to assess the potential impact of a quota.

• A) I only.
• B) II only.
• C) Both I and II.
• D) Neither I nor II.

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Definitions:

Ecological Approach

A perspective or methodology that considers all aspects of the environment, including physical, biological, and social factors, when examining problems or behaviors.

Government Institutions

Entities created by a government to perform functions and duties in various sectors of society, including education, defense, welfare, and regulation.

Microsystem

In ecological systems theory, the immediate environment with which an individual directly interacts, such as family, school, or workplace.

Ecological Approach

A method or perspective that emphasizes the interaction between organisms and their physical and biological environments.