Which of the Following Is a Difference Between an Import

question 57

Multiple Choice

Which of the following is a difference between an import quota and a tariff?

• A)An import quota generates revenue for the domestic government, but a tariff does not.
• B)An import quota generates no revenue for the domestic government, but a tariff does.
• C)A tariff decreases the price of a good, but a quota does not.
• D)A tariff decreases the quantity of a good demanded in the domestic market, but a quota does not.
• E)A tariff increases the quantity of a good supplied in the domestic market, but a quota does not.

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Definitions:

D-Motivation

A concept related to motivation driven by deficiency needs, such as physiological and safety needs, as opposed to growth or being needs.

B-Motivation

Motivation driven by self-actualization and personal growth rather than by basic needs satisfaction.

Delinquent Children

Minors who engage in behavior that violates legal or social norms, often resulting in legal intervention or correctional measures.

Predictor

A variable or factor that can be used to forecast or anticipate future events or outcomes.