A government is considering a quota and a tariff, both of which will reduce imports by the

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A government is considering a quota and a tariff, both of which will reduce imports by the same amount. Why might the government prefer one of these policies to the other?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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Question Posted: Nov 13, 2014 03:42 AM

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A government is considering a quota and a tariff, both of which will reduce imports by the

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If the quota and the tariff raise the domestic price by the same a...View the full answer

Managerial Economics and Strategy

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