What Are the Similarities and Differences in the Economic Effects

question 32

Essay

What are the similarities and differences in the economic effects of tariffs and quotas?

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Definitions:

Classical Conditioning

An instructional approach where repetitively linking two stimuli causes a reaction, at first prompted by the second stimulus, to be elicited by the first stimulus over time.

Imprinting

A form of learning occurring at a particular life stage that is rapid and apparently independent of the outcomes of behavior.

Operant Conditioning

A learning process by which the strength of a behavior is modified by reinforcement or punishment.

Classical Conditioning

The process of acquiring knowledge through the repeated combination of two stimuli, where a response initially caused by the second stimulus is ultimately caused by the first stimulus alone.