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:

Brain Waves

Patterns of electrical activity in the brain, measurable by electroencephalography (EEG), associated with different states of consciousness.

Hertz

The unit of frequency in the International System of Units (SI), defined as one cycle per second.

Sleep Deprivation

A condition resulting from not getting enough sleep, which can affect physical and mental health and cognitive function.

Chronically

Describing a condition or illness persisting for a long time or constantly recurring, often affecting quality of life.