Which of the Following Is True of Quotas

question 96

Multiple Choice

Which of the following is true of quotas?

• A) Unlike tariffs, it reduces the domestic price level of the good on which the quota is imposed.
• B) It forces domestic producers to improve productive e?ciency.
• C) It is a source of tax revenue for the domestic government.
• D) It makes goods more expensive for domestic consumers.

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Definitions:

Job Titles

Designations given to specific positions within an organization, reflecting role and responsibility.

Informal Roles

Unofficial positions within a group or organization, shaped by individual interactions and behaviors, rather than assigned or formally recognized duties.

Designated Roles

Specific functions or positions assigned to individuals in a group, organization, or event.

Assigned Roles

Specific functions or parts allocated to individuals in a group or team setting, often meant to guide behavior and responsibilities.