A Tariff Is Better Than a Quota Because

question 196

Multiple Choice

A tariff is better than a quota because

• A)it does not distort trade as much.
• B)quotas are inflexible.
• C)tariffs produce tax revenue.
• D)quotas hurt domestic producers; tariffs hurt foreign producers.

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Definitions:

Greenleaf Center

A resource or institution dedicated to the study, development, and promotion of servant leadership principles, inspired by Robert K. Greenleaf.

Servant Leadership

A leadership philosophy that prioritizes the well-being and development of team members, with leaders serving as supporters rather than controllers.

Stewardship

The responsibility of managing or looking after something, often implying a commitment to wise and ethical management of resources or organizations.

Leadership Role

The function or position of leading a group or organization, entailing responsibilities such as guidance, direction, and decision-making.