The Reason Tariffs and Quotas Are Imposed Is That

question 161

Multiple Choice

The reason tariffs and quotas are imposed is that

• A) their costs are concentrated and their benefits are spread among many people.
• B) they create net benefits in the long run.
• C) they reduce import dependence.
• D) their costs are spread among many people and their benefits are concentrated.

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Definitions:

Personal Enjoyment

The pleasure or satisfaction an individual derives from activities or experiences, driven by personal preference and interest.

Masculinity/Femininity

Societal attributes, behaviors, and roles associated with being male or female, highlighting the distinctions and expectations placed upon genders.

Gender Roles

Societal norms dictating the behaviors, activities, and attributes considered appropriate for men and women based on their sex.

Mores

Social norms that are widely observed and have great moral significance within a particular society.