An Import Quota Is Similar to a _ in Its

question 39

Multiple Choice

An import quota is similar to a _ in its effect on imports,EXCEPT that an import quota .

• A)tariff; generates revenue
• B)subsidy; does not generate revenue
• C)subsidy; generates revenue
• D)tariff; does not result in an efficiency loss.
• E)tariff; does not generate revenue

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Definitions:

Zygmunt Bauman

A prominent sociologist known for his analyses of the links between modernity, globalization, consumerism, and the Holocaust.

Consciousness

The state of being aware of and able to think about oneself, one's surroundings, and one's thoughts and feelings.

Relations

The ways in which two or more concepts, objects, or people are connected, which can involve various types of interpersonal or social connections.

Practices

Routinely performed actions or activities by individuals or groups in specific contexts, forming the basis of societal and cultural norms.