Quotas Are

question 33

Multiple Choice

Quotas are:

• A)economically better than tariffs.
• B)economically inferior to tariffs.
• C)equivalent to tariffs if the government auctions off the limited supply of quota licenses to the highest bidders.
• D)less likely than tariffs to generate retaliation from trading partners.
• E)never used.

---

Definitions:

MLA Style Manual

A comprehensive guide by the Modern Language Association that provides standards for writing and documenting research in the humanities, especially in English studies.

Works Cited

A list of sources that were referenced or quoted in a piece of academic or professional writing.

Electronic Sources

Information or data that is obtained from digital or online platforms, including databases, websites, and e-books.

Endnotes

Notes placed at the end of a document or section that provide additional information or citations related to the content.