Which of the Following Is an Explanation for the Existence

question 145

Multiple Choice

Which of the following is an explanation for the existence of trade restrictions?

• A) Tariffs generate revenue for the government.
• B) rent seeking
• C) inefficient quotas
• D) Both answers A and B are key explanations.

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Definitions:

Corporate Accountant

A professional responsible for managing and reporting a company's financial information, including auditing, tax planning, and financial statement analysis.

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Hypnotic Medication

Drugs prescribed to induce sleep or sedation, helping individuals with insomnia or other sleep disorders.

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