A Reason Tariffs and Quotas Are Imposed Is That

question 107

Multiple Choice

A reason tariffs and quotas are imposed is that

• A) their costs are spread among many people and their benefits are concentrated.
• B) their costs are concentrated and their benefits are spread among many people.
• C) they create net benefits in the long run.
• D) they reduce import dependence.

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Definitions:

Middle School

An educational institution serving the transitional period from primary to high school, typically for students aged 11 to 14.

Part-Time Employment

Work that is performed for fewer hours per week than a full-time job.

School Achievement

The accomplishment and success in academic activities at school, often measured by grades, test scores, and other educational milestones.

Adolescents

Individuals in the developmental stage between childhood and adulthood, typically between the ages of 13 and 18, characterized by significant physical, psychological, and social changes.