Question
The difference between an import tariff and an import quota is....... 1) the tariff benefits producers and the quota does not. 2) the tariff generates
The difference between an import tariff and an import quota is.......
1) the tariff benefits producers and the quota does not.
2) the tariff generates government revenues and the quota does not.
3. the tariff hurts consumers and the quota does not.
4) the tariff is reduces the trade volume and the quota does not.
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The Economics of Public Issues
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
19th edition
134018974, 134018973, 9780134020532 , 978-0134018973
