Multiple Choice
A developing country can be expected to rely more on:
A) tariffs than quotas since tariffs are an easy way to raise tax revenue.
B) tariffs than quotas because tariffs are more effective means of reducing imports.
C) quotas than tariffs since quotas provide better protection for infant industries.
D) quotas than tariffs since quotas are easier to enforce and give rise to less corruption among officials.
Correct Answer:

Verified
Correct Answer:
Verified
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