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In Comparing Tariffs and Quotas, We Know That

Question 2

Multiple Choice

In comparing tariffs and quotas, we know that


A) neither raises revenues for the federal government.
B) both raise revenues for the federal government.
C) tariffs raise revenues for the federal government, while quotas do not.
D) quotas raise revenues for the federal government, while tariffs do not.

Correct Answer:

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