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:

Cognitive Control Centers

Brain regions responsible for managing attention, regulating emotions, and coordinating complex behaviors.

Language Control Centers

Areas in the brain, such as Broca's and Wernicke's areas, responsible for the processing and production of language.

Dramatic Growth

Dramatic growth is a term used to describe a rapid and significant increase or development in a particular area, such as a company's revenue, a country's economy, or an individual's learning.

Temporal Lobe

A region of the brain involved in processing auditory information and is also associated with language, memory, and emotion.