Question: 3. State any one difference and one similarity on the effects of import quota and import tariff in the economy (2 marks) 4. Discuss

3. State any one difference and one similarity on the effects of import quota and import tariff in the economy (2 marks) 4. Discuss any two weaknesses in the structures of the international institutions involved in trade that is a hindrance to the developing countries ability to ensure their concerns are handled. (2 marks)
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3 Difference and Similarity between Import Quota and Import Tariff Difference Import Quota An import quota is a restriction on the quantity of a parti... View full answer
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