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The Economic Effects of a Quota Are Identical to Those

question 66

True/False

The economic effects of a quota are identical to those of a tariff.


Definitions:

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other things.

Selectively

The act of choosing specific items or data while ignoring others based on certain criteria.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.

Short-term Memory

A capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

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