Explain what is meant by this statement: Quotas are a hidden tax on consumers, whereas tariffs are

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Explain what is meant by this statement: “Quotas are a hidden tax on consumers, whereas tariffs are a more obvious one.”

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Marketing The Core

ISBN: 978-0078028922

5th edition

Authors: Roger A. Kerin, Steven W. Hartley, William Rudelius

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Question Posted: Oct 22, 2013 08:18 AM

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Explain what is meant by this statement: Quotas are a hidden tax on consumers, whereas tariffs are

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Quotas are restriction placed on number of products lea...View the full answer

Marketing The Core

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