​Imposing a Quota on the Import of a Good Is

question 90

True/False

​Imposing a quota on the import of a good is preferable to a tariff because a tariff creates a deadweight loss while a quota does not.

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Definitions:

Sarbanes-Oxley Act

A U.S. law enacted in 2002 aimed at protecting investors from fraudulent accounting activities by corporations, thereupon enhancing corporate governance and financial transparency.

Investor Confidence

The level of trust that investors have in the stability and potential profitability of financial markets or specific investments.

Corporate Scandals

Major failures of ethics and governance within corporations, often leading to legal penalties or public outrage.