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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