menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 34: International Trade and Comparative Advantage
  5. Question
    Tariffs Are Different from Quotas Because They
Solved

Tariffs Are Different from Quotas Because They

Question 209

Question 209

Multiple Choice

Tariffs are different from quotas because they


A) increase government revenue.
B) increase profits.
C) increase the quantity traded.
D) place all the burden on foreigners.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q204: If two countries each are currently producing

Q205: If South Korea has an absolute advantage

Q206: The effect of opening trade between countries

Q207: In discussing trade, it is _ that

Q208: If a nation has an absolute advantage

Q210: By tradition, Japanese employers cannot "lay off"

Q211: Variability in exchange rates of currencies used

Q212: Both tariffs and quotas will restrict supplies

Q213: Absolute advantage is a comparison among producers

Q214: If every country uses tariffs, everyone is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines