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 U.S. Treasury.
B) the tariff generates revenue for the U.S. Treasury, but the quota does not.
C) the quota generates revenue for the U.S. Treasury, but the tariff does not.
D) neither the tariff nor the quota generates revenue for the U.S. Treasury.