Import Quotas and Tariffs Both

question 134

Multiple Choice

Import quotas and tariffs both

• A)decrease deadweight loss.
• B)cause a loss of revenue to domestic producers.
• C)lower prices on imported goods.
• D)decrease producer surplus.
• E)restrict foreign trade.

---

Definitions:

Working Memories

A mental system with restricted capabilities tasked with temporarily maintaining information for processing purposes.

Prefrontal Lobes

Regions at the front of the brain associated with complex behaviors including decision making, social interactions, and personality expression.

Cerebellum

A part of the brain at the back of the skull in vertebrates, which coordinates and regulates muscular activity.

Hippocampus

A structure in the brain associated with the formation of memories and spatial navigation.