Hi, I am currently studying for my upcoming international economics exam. I have some difficulties with theoretical question. This one in particular. I hope that you can help me out. Thank you in advance!

Countries may also use non-tariff measures such as import quota to protect domestic producers. In fact, if the import quota and import tariff are equally restrictive in terms of limiting imports, the domestic price effects will be the same for both measures. Yet there are also differences that may be relevant for governments when deciding on which type of import-restricting measure to use.

Mention and explain at least two policy-relevant differences in effects on trade and welfare for a domestic country setting an import quota rather than an (equally restrictive) import tariff.