A Difference Between a Quota and a Tariff Is That

Multiple Choice

A difference between a quota and a tariff is that

A) a tariff generates a higher price than does a quota.
B) a tariff generates a greater reduction in exports than does a quota.
C) a quota increases profits of domestic producers more than does a tariff.
D) the government collects revenue from a tariff but does not collect revenue from a quota.