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A Key Difference Between Tariffs and Quotas Is That

Question 95

Multiple Choice

A key difference between tariffs and quotas is that


A) consumers are hurt with quotas but not with tariffs.
B) consumers are hurt with tariffs but not with quotas.
C) the government receives revenue with tariffs, but the importer receives the added revenue with quotas.
D) the government receives revenue with quotas, but the importer receives the added revenue with tariffs.

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