A Quota Is Worse Than a Tariff Because

question 8

Multiple Choice

A quota is worse than a tariff because:

• A) imports are lower.
• B) producer surplus does not increase.
• C) of a loss of government revenue.
• D) all of the above
• E) none of the above

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Definitions:

Work Teams

Small groups of employees who are brought together to accomplish specific tasks and objectives within an organization.

Environmental Factors

External elements that can influence an organism's growth, development, and survival.

Climate

The typical or average weather conditions observed over a long period in a specific area, or the general atmosphere of a place or situation.

Forming Stage

The initial phase in group development, characterized by orientation, getting to know each other, and building relationships.