A Tariff Differs from a Quota in That a Tariff

question 80

Multiple Choice

A tariff differs from a quota in that a tariff is

• A) levied on imports, whereas a quota is imposed on exports.
• B) levied on exports, whereas a quota is imposed on imports.
• C) a tax levied on exports, whereas a quota is a limit on the number of units of a good that can be exported.
• D) a tax imposed on imports, whereas a quota is an absolute limit to the number of units of a good that can be imported.

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Definitions:

Metabolic Rate

The rate at which the body expends energy or burns calories, influenced by factors like body size, age, gender, and genetics.

Short-Term Memory

The capability to maintain a small volume of information in an immediate, available condition for a short time span.

Hallucinogen

A substance causing hallucinations, perceptions of objects, or sensations with no reality, often used recreationally or in spiritual practices.

Marijuana

Marijuana is a psychoactive drug from the Cannabis plant used for medical or recreational purposes, known for its effects on mood, perception, and behavior.