A Difference Between a Quota and a Tariff Is That

question 90

Multiple Choice

A difference between a quota and a tariff is that

• A)a tariff generates a higher price than does an import quota.
• B)a tariff generates a greater reduction in exports than does an import quota.
• C)an import quota increases profits of domestic producers more than a tariff.
• D)the government collects revenue from a tariff but does not collect revenue from an import quota.
• E)an import quota creates a social loss and a tariff does not.

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Definitions:

Generalised Anxiety Disorder

A psychiatric condition marked by continuous and intense concern over different facets of life.

Post-Traumatic Stress Disorder

Post-Traumatic Stress Disorder (PTSD) is a mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Dissociative Amnesia

A mental health disorder characterized by memory loss that is more significant than typical forgetfulness and not due to other medical conditions.

Dissociative Identity Disorder

A psychological disorder characterized by the presence of two or more distinct personality states or identities in an individual, often resulting from severe trauma.