Quotas and Tariffs Both Serve the Purpose of

question 43

Multiple Choice

Quotas and tariffs both serve the purpose of

• A) increasing foreign trade.
• B) restricting foreign trade.
• C) causing domestic producers to lose revenues.
• D) lowering prices on imported goods.

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Definitions:

Intermolecular

Pertaining to forces or interactions occurring between molecules, affecting their physical properties and behaviors.

Halite

A mineral commonly known as rock salt, composed primarily of sodium chloride (NaCl), and typically forms from evaporated seawater.

Chlorine

A chemical element with symbol Cl and atomic number 17, a yellow-green gas at room temperature, widely used in water purification, in disinfectants, and in the production of various chemicals.

Sodium

A chemical element with the symbol Na, known for its high reactivity and essential role in biological systems, especially in nerve impulse conduction.