The Basic Difference in the Economic Effects of a Tariff

question 17

Multiple Choice

The basic difference in the economic effects of a tariff compared with a quota is that a:

• A)quota generates revenue for the government.
• B)tariff generates revenue for the government.
• C)tariff raises product prices, but a quota does not raise product prices.
• D)quota raises product prices, but a tariff does not raise product prices.

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Definitions:

Person-centered Therapy

A psychotherapeutic approach that emphasizes the importance of the therapist's empathetic understanding, unconditional positive regard, and genuineness in facilitating a client's self-understanding and growth.

Unconditional Positive Regard

An attitude of acceptance and respect on the part of an observer, no matter what a person says or does, originally described by psychologist Carl Rogers.

Humanistic Therapy

A therapeutic approach that emphasizes individual potential for growth and focuses on the client's self-exploration, self-expression, and self-actualization.

Empty-chair Technique

A psychotherapy method where clients express their thoughts and feelings as if they are talking to a specific person or part of themselves, represented by an empty chair.