Tariffs and Import Quotas Differ in That

question 99

Multiple Choice

Tariffs and import quotas differ in that

• A) one is a form of trade restriction, while the other is not.
• B) one is a tax, while the other is a limit in quantity.
• C) one is imposed by the government, while the other is imposed by the private sector.
• D) one is legal, while the other is not.

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Definitions:

Mistreated

Subjected to bad or inappropriate treatment or behavior.

Career Planning

is the ongoing process of setting individual professional goals and exploring paths to achieve them over the course of one's work life.

Random Opportunistic Way

An approach where decisions and actions are taken spontaneously, capitalizing on unforeseen opportunities without a predetermined strategy.

Rationally Planned

The process of systematically organizing tasks or projects through logical and structured planning.