In Comparing a Tariff and an Import Quota, We Find

question 151

Multiple Choice

In comparing a tariff and an import quota, we find that

• A)the tariff and quota both generate the same amount of revenue for the U.S. Treasury.
• B)the tariff generates revenue for the U.S. Treasury, but the quota does not.
• C)the quota generates revenue for the U.S. Treasury, but the tariff does not.
• D)neither the tariff nor the quota generates revenue for the U.S. Treasury.

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Definitions:

Ethical Decision-Making Model

A structured approach to ensure decisions are made in a morally and ethically sound manner, considering all stakeholders involved.

Autonomy

The capacity to make an informed, uncoerced decision; in ethical and political philosophy, autonomy is often considered a fundamental right.

Beneficence

This is the ethical principle that guides actions aimed at doing good or benefiting others, commonly referenced in healthcare and research ethics.

Carl Perkins Act

The Carl D. Perkins Career and Technical Education Act provides federal funding to improve and expand career and technical education programs in the United States.