If the Government Wants to Limit Sales of a Particular

question 108

True/False

If the government wants to limit sales of a particular good,it may do so by imposing a quota.However,the same reduction in sales may be achieved by an appropriately chosen excise tax.

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Definitions:

Imported Africans

Refers to African people forcibly taken from their homelands and transported primarily to the Americas to be sold into slavery from the 16th to the 19th centuries.

Jamestown

The first permanent English settlement in North America, established in Virginia in 1607.

Spanish Rule

The period of history when various territories were under the administrative control and governance of Spain, particularly in the Americas and the Philippines.

1750

A year in the 18th century that witnessed numerous historical events, but without additional context, this entry doesn't point to a specific occurrence.