A Difference Between a Quota and a Tariff Is That

question 129

Multiple Choice

A difference between a quota and a tariff is that

• A) a tariff generates a higher price than does a quota.
• B) a tariff generates a greater reduction in exports than does a quota.
• C) a quota increases profits of domestic producers more than does a tariff.
• D) the government collects revenues from a tariff but does not collect revenues from a quota.

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Definitions:

Third-variable Problem

A confounding issue in research where an unmeasured, external variable causes the correlation between two other variables, challenging their direct relationship.

Correlational Method

A statistical technique used to determine the relationship or association between two variables, without inferring a causal relationship.

Attitudes On Abortion

Individuals’ views or beliefs about the morality, legality, and acceptability of abortion.

Research Methods

The various strategies, techniques, and tools used to investigate questions and hypotheses in order to obtain empirical and measurable evidence.