In Comparing a Tariff and an Import Quota We Find

Multiple Choice

In comparing a tariff and an import quota we find that:

A) the tariff and quota both generate the same amount of revenue for the federal government.
B) the tariff generates revenue for the federal government but the quota does not.
C) the quota generates revenue for the federal government but the tariff does not.
D) neither the tariff nor the quota generates revenue for the federal government.