A Key Difference Between Tariffs and Import Quotas Is That

question 96

Multiple Choice

A key difference between tariffs and import quotas is that

• A)consumers are hurt with import quotas but not with tariffs.
• B)consumers are hurt with tariffs but not with import quotas.
• C)the government receives revenue with a tariff,but the importer makes a profit with an import quota.
• D)the government receives revenue with an import quota,but the importer makes a profit with a tariff.
• E)producer surplus increases with a tariff and decreases with an import quota.

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Definitions:

Drainage

The removal of fluids from a body part or wound, often through natural or artificial means.

Microaggregate Filter

A filter used in blood transfusions to remove microaggregates of debris from stored blood.

Reinfusion

The process of returning previously extracted blood or fluids back to the patient's body.

Pleural Space

The thin, fluid-filled gap between the two layers of the pleura, the membrane that lines the lungs and chest cavity, playing a crucial role in breathing.