The Difference Between a Tariff and a Quota Is That

question 24

Multiple Choice

The difference between a tariff and a quota is that

• A) they both collect tax money, but tariffs are more equitable.
• B) they both collect tax money, but quotas are more equitable.
• C) tariffs collect tax money, but quotas do not.
• D) quotas collect tax money, but tariffs do not.

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Definitions:

Strong Acid

An acid that completely dissociates into its ions in water, releasing all of its hydrogen atoms as hydrogen ions.

Acidity

A measure of the ability of a solution to donate hydrogen ions (H+) and thereby lower its pH.

pH

A scale used to specify the acidity or basicity of an aqueous solution, with values ranging typically from 0 (highly acidic) to 14 (highly basic).