The Major Difference Between a Tariff and a Quota on an Imported

question 114

True/False

The major difference between a tariff and a quota on an imported product is that a tariff produces revenue for the government.

---

Definitions:

Ecological

Relating to or concerned with the relation of living organisms to one another and to their physical surroundings.

Environment

The surroundings or conditions in which a person, plant, or animal lives or operates.

Kin-Work

The efforts and activities conducted by family members to maintain, support, and nurture their kinship networks and relationships.

Family Members

Individuals related by blood, marriage, or adoption who share a significant relational bond.