If a Quota Is Set at the Same Quantity of Imports

question 70

Multiple Choice

If a quota is set at the same quantity of imports that results from a tariff in Country A,

• A)the quantity consumed in Country A is the same under the quota and under the tariff.
• B)the quantity consumed in Country A is less under the quota than under the tariff.
• C)the quantity consumed in Country A is more under the quota than under the tariff.
• D)the government tariff revenue is greater than the importers' profit from the import quota.
• E)the government tariff revenue is less than the importers' profit from the import quota.

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Definitions:

Social Control Theories

Theories in criminology that focus on the societal processes and institutions that regulate individual and group behavior, aiming to prevent deviance and criminal acts.

Relative Deprivation

A perception of disadvantage or injustice experienced by comparing oneself or one's group to others who are seen as better off.

Social Movements

Collective efforts by groups of people to bring about social change or resist social change based on shared beliefs or goals.

Solidarity Theory

A theory in sociology that emphasizes the importance of shared values, interests, and objectives in creating a sense of unity and support within a group or society.