The Difference Between a Tariff and a Quota Is That

question 138

Multiple Choice

The difference between a tariff and a quota is that the revenue from the tariff goes to the

• A) domestic consumer.
• B) domestic producer.
• C) domestic government.
• D) foreign producers.
• E) foreign government.

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Definitions:

Personal Selling

A sales technique where a salesperson uses one-on-one interactions to convince a customer to make a purchase.

Sales Promotion

A marketing strategy where short-term incentives are offered to encourage the purchase or sale of a product or service.

Promotion

Activities designed to increase the sales of a product or service, often through advertising or incentives.

Sales Promotion

Marketing activities aimed at boosting sales and strengthening brand loyalty by offering short-term incentives to customers.