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:

Polarity

A property of molecules having a distribution of charge leading to molecules having distinct positive and negative ends.

Carbon Monoxide

A colorless, odorless, and toxic gas consisting of one carbon atom and one oxygen atom, chemically represented as CO.

Polarity

A property of molecules having distinct ends with opposite charges, leading to unequal sharing of electrons.

Methane Molecule

A simple hydrocarbon with the chemical formula CH4, consisting of one carbon atom bonded to four hydrogen atoms, and is the primary component of natural gas.