Quotas Are a Greater Threat to Competition Than Tariffs Because

question 129

Multiple Choice

Quotas are a greater threat to competition than tariffs because

• A)Quotas allow imports but only at a higher price.
• B)Tariffs are voluntary and quotas are not.
• C)Quotas preclude additional imports at any price.
• D)Tariffs do not reduce the quantity sold and quotas do.

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