An Import Quota Is Similar to a ________ in Its

question 57

Multiple Choice

An import quota is similar to a ________ in its effect on imports, EXCEPT that an import quota ________.

• A) tariff; does not generate revenue
• B) tariff; generates revenue
• C) subsidy; does not generate revenue
• D) subsidy; generates revenue
• E) tariff; does not result in an efficiency loss.

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Definitions:

Music Recording

The process of capturing and preserving sound, particularly musical performances, onto storage media for later playback.

Social Environments

The immediate physical and social setting in which people live or in which something happens or develops, including the culture that the individual was educated or lives in.

Mass Media

Refers to various platforms through which information and entertainment are disseminated to the general public, including television, radio, newspapers, and the internet.

Form

Form refers to the structure, shape, or visible makeup of something, often highlighting its appearance or layout.