Examlex
Which of the following is a reason why we hurt others?
Tariffs and Quotas
Government-imposed trade restrictions; tariffs are taxes on imported goods, while quotas are limits on the quantity of goods that can be imported.
Quotas
Restrictions imposed by a government on the quantity of a good that can be imported or exported during a specific period.
Tariffs
Taxes imposed by a government on imported goods to protect domestic industries or raise revenue.
International Trade
The exchange of goods, services, and capital between countries and territories.
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