Which Statement Correctly Describes the Impacts of Tariffs and Quotas

question 98

Multiple Choice

Which statement correctly describes the impacts of tariffs and quotas?

• A) Tariffs restrict exports while quotas restrict imports.
• B) Tariffs generate government revenue; both tariffs and quotas can reduce imports.
• C) Quotas generate government revenue and restrict exports; tariffs restrict exports and do not generate government revenue.
• D) The impact is the same.

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Definitions:

Distended Abdomen

A condition where the stomach area is enlarged or swollen, often due to gas, fluid, or the accumulation of mass within the abdomen.

Ostomy Pouch

A medical device used to collect waste from a surgically created opening in the body, such as from the intestine or urinary tract.

Skin Barrier

The protective outermost layer of the skin that defends against environmental threats and prevents the loss of moisture.

Stoma

Artificially created opening between a body cavity and the surface of the body (e.g., a colostomy formed from a portion of the colon pulled through the abdominal wall).