Which Is the Most Accurate Statement

question 40

Multiple Choice

Which is the most accurate statement?

• A)If most economists had to choose between a tariff and a quota,she or he would choose a tariff as the lesser of two evils.
• B)Both tariffs and quotas are basically good for our economy because they keep out foreign imports.
• C)Tariffs and quotas are equally bad for our economy.
• D)Most economists prefer import quotas to tariffs.