One Advantage of a Tariff Over a Quota,from the Perspective

question 73

Multiple Choice

One advantage of a tariff over a quota,from the perspective of the nation imposing it,is that a tariff

• A)decreases the domestic price
• B)increases the foreign price
• C)increases the quantity of imports
• D)decreases the quality of imports
• E)raises tax revenue

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Definitions:

Colon

The longest part of the large intestine, involved in water absorption and the formation of fecal matter.

Splenic Flexure

The part of the colon where the transverse colon turns downward at the spleen, forming a curve.

Hepatic Flexure

The bend of the colon by the liver, where the ascending colon turns to become the transverse colon.

Transverse Colon

The middle section of the large intestine, running horizontally across the abdomen from right to left.