Which of the Following Is Common to Both Tariffs and Quotas

question 131

Multiple Choice

Which of the following is common to both tariffs and quotas?

• A)Tariffs and quotas are both used as a means to increase government revenue.
• B)Tariffs and quotas both increase economic efficiency.
• C)Tariffs and quotas are both designed to reduce foreign competition faced by domestic firms.
• D)Tariffs and quotas are both examples of voluntary export restraints.

---

Definitions:

Transformation

A comprehensive change in form, appearance, nature, or character.

Rites of Purification

Rituals performed to remove impurities, either physical or spiritual, from a person or space.

Smudging

A traditional practice involving the burning of sacred herbs, like sage, for spiritual cleansing or blessing.

Baptism

A Christian sacrament signifying spiritual cleansing and rebirth, typically involving immersion in or sprinkling with water.