Which of the Following Parties Benefits from an Import Quota

question 218

Multiple Choice

Which of the following parties benefits from an import quota but not from a tariff?

• A) the domestic government
• B) domestic producers
• C) domestic consumers
• D) the person with the right to import the good
• E) the foreign government

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Definitions:

Horizontal Collectivist

A cultural orientation where individuals see themselves as part of a larger group and emphasize equality and shared goals.

Honor Cultures

Societies where individuals' social standing and self-esteem are strongly connected to their ability to respond assertively to real or perceived insults.

Central Governments

The primary governing authority of a nation or state, responsible for enacting and enforcing laws.

Judicial Systems

The organized set of legal institutions and processes established to administer justice, uphold laws, and resolve disputes in a society.