Examlex
Which of the following is not a basic limit on agency power?
Tariff
A tax imposed on imported goods, usually to protect domestic industries or to generate revenue.
Economic Efficiency
A condition in which resources are allocated in such a way that maximizes the net benefit to society, ensuring that goods and services are produced and distributed in the most cost-effective manner.
Import Quotas
Limits set by a government on the quantity of a certain good that can be imported into a country, used to protect domestic industries.
Tariffs
A tax imposed by a government on goods and services imported from other countries, affecting the price and availability of those items.
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