Tariffs Are More Desirable Than Quotas If a Government Wants

question 111

True/False

Tariffs are more desirable than quotas if a government wants to increase revenues and reduce benefits to inefficient exporters.

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Definitions:

Appropriate Tone

The selection of words and the manner of communication that is considered suitable for a specific context or audience, often conveying respect or sensitivity.

Valued Customer

A client or patron who is highly regarded or esteemed by a business due to their loyalty, frequency of purchase, or importance.

Quotation Error

A mistake made in quoting or referencing someone else's words, either through misattribution, incorrect citation, or distortion of the original meaning.

Refusals

The act of declining or rejecting a proposal, offer, or request.