Ceteris Paribus,a Tariff Is

question 5

Multiple Choice

Ceteris paribus,a tariff is:

• A)superior to an import quota for Canadians because a tariff increases the profits of foreign producers
• B)inferior to an import quota for Canadians because a tariff increases the profits of domestic producers
• C)superior to an import quota for Canadians because a tariff generates revenue for the Canadian government
• D)inferior to an import quota for Canadians because a tariff generates revenue for the Canadian government
• E)the same as an import quota for Canadians because both are forms of trade protection

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