A Difference Between a Quota and a Tariff Is That

question 131

Multiple Choice

A difference between a quota and a tariff is that with a quota the

• A) exporting government collects an extra gain in the form of revenue.
• B) importing government collects an extra gain in the form of revenue.
• C) person who has the right to import the good captures an extra gain.
• D) domestic consumers are not harmed.

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Definitions:

African-American

Refers to individuals of Black ancestry or origin who live in the United States, a term often relating to cultural, historical, and social experiences.

Non-Hispanic White

A demographic group in the United States comprising individuals of European descent who do not identify as Hispanic or Latino.

Radial Pulse

A measurement of the heart rate obtained by palpating the radial artery at the wrist.

Amplitude

The height or strength of a wave signal, which in various contexts can represent volume, intensity, or power.