The Difference Between a Tariff and a Quota Is That

Multiple Choice

The difference between a tariff and a quota is that the

A) government collects more revenue by imposing a quota.
B) government collects no revenue by imposing a quota.
C) producer and consumer prices are equal when a tariff is imposed, but different when a quota is imposed.
D) producer and consumer prices are equal when a quota is imposed, but different when a tariff is imposed.
E) tariff is more effective at restricting imports.