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    Macroeconomics Study Set 43
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    Exam 17: B: International Trade
  5. Question
    The Major Difference Between a Tariff and a Quota on an Imported
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The Major Difference Between a Tariff and a Quota on an Imported

Question 114

Question 114

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The major difference between a tariff and a quota on an imported product is that a tariff produces revenue for the government.

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