When a Tariff or a Quota Is Imposed on an Import

question 101

True/False

When a tariff or a quota is imposed on an import, the domestic industry benefits from higher prices and increased output.

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Definitions:

APA Regulations

Guidelines set by the American Psychological Association concerning ethical practices in psychological research and clinical practice.

U.S. Government

The federal government of the United States, composed of three branches: legislative, executive, and judicial.

Research Ethics

A set of principles concerning the conduct of research to ensure the integrity of the research process and protect the welfare of participants.

Debriefing

An explanation and discussion of the purposes, methods, and findings of a study with its participants after their involvement in the research.