A Crucial Difference Between the Impact of an Import Quota

Multiple Choice

A crucial difference between the impact of an import quota compared to a tariff is that:

A) ​import quotas generate revenue to the domestic government, but tariffs do not.
B) ​import quotas generate no revenue to the domestic government, but tariffs do.
C) ​tariffs increase the prices paid by domestic consumers, but quotas do not.
D) ​both (a) and (c)