Which of the Following Is an Explanation for the Existence

question 36

Multiple Choice

Which of the following is an explanation for the existence of trade restrictions?

• A)tariffs generate revenue for the government
• B)rent seeking
• C)inefficient quotas
• D)both A and B
• E)both A and C

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Definitions:

American Society

The body of individuals who live in the United States, characterized by diverse cultures, social practices, and values.

Equality

The state of being equal, especially in status, rights, and opportunities.

Permanent Part

A component or element of something that is not subject to change or removal, established as a lasting or enduring piece of the whole.

Abolitionist Societies

Groups dedicated to ending the practice of slavery and securing freedom for enslaved people.