One Difference Between a Tariff and a Quota Is That

question 87

True/False

One difference between a tariff and a quota is that the tariff brings in revenue to
the government while the quota benefits the foreign producer who is lucky enough to receive an import license.

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Definitions:

Demographic Transition

A model describing the shift from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Fertility Rates

The average number of children born to a woman over her lifetime within a population.

Continuous Childbirth

The phenomenon of having multiple childbirths in close succession without extended periods between pregnancies.

Forced Abortions

Abortions that are carried out without the consent of the pregnant individual, often under coercion or as a matter of policy.