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Tariffs and Import Quotas Differ in That

Question 4

Multiple Choice

Tariffs and import quotas differ in that


A) one is a form of trade restriction,while the other is not.
B) one is a tax,while the other is a limit.
C) one is imposed by the government,while the other is imposed by the private sector.
D) one is legal,while the other is not.
E) one increases imports,while the other decreases imports.

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