In Comparing a Tariff and an Import Quota We Find

question 43

Multiple Choice

In comparing a tariff and an import quota we find that:

• A)the tariff and quota both generate the same amount of revenue for the federal government.
• B)the tariff generates revenue for the federal government but the quota does not.
• C)the quota generates revenue for the federal government but the tariff does not.
• D)neither the tariff nor the quota generates revenue for the federal government.

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Definitions:

Digitized Offerings

Products or services that are converted into digital form to be accessed or purchased online.

Extranet

An extranet is a private network that allows controlled access to partners, vendors, and suppliers or an authorized set of users outside the company to access specific parts of an organization's information or operations.

Intranet

A private network accessible only to an organization's staff, often containing company information and tools for collaboration and communication.

Internet-Based Technology

Technology that relies on the Internet for communication, data transfer, and accessing, creating, or sharing content and services.