What are import quotas? Why do some governments use them instead of just using tariffs to restrict

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What are import quotas? Why do some governments use them instead of just using tariffs to restrict imports by the same amounts? Is it because quotas bring a bigger national gain than tariffs?

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International Economics

ISBN: 9780078021770

16th Edition

Authors: Thomas Pugel

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Question Posted: Mar 23, 2024 10:01 AM

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What are import quotas? Why do some governments use them instead of just using tariffs to restrict

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Import quotas are governmentdecreed quantitative limits on the total quantity of a product that can ...View the full answer

International Economics

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