What Is the Main Purpose of Most Tariffs and Quotas

question 37

Multiple Choice

What is the main purpose of most tariffs and quotas?

• A)To raise revenue for the government.
• B)To reduce the prices consumers pay for goods and services.
• C)To reduce the foreign competition that domestic firms face.
• D)To improve the quality of goods and services imported into the country.

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Definitions:

Occipitofrontalis

A muscle of the scalp that plays a role in facial expressions, such as raising the eyebrows.

Levator Palpebrae Superioris

The muscle responsible for elevating the upper eyelid, crucial for opening the eye.

Auricular

Pertaining to the ear or hearing; sometimes also referring to structures resembling an ear or earlobe.

Mentalis Muscles

A pair of muscles at the tip of the chin, responsible for protruding the lower lip, contributing to facial expressions like pouting.