$9$

Multiple Answer

$1$ point

The primary differences between an import quota and a tariff on imports are... $($select all that apply$)$

Tariffs reduce imports, and quotas increase imports.

Tariffs collect tax revenue, and import quotas do not.

Tariffs benefit the government $($in the form of tax revenue$),$ and quotas benefit foreign producers who sell imported goods at a higher price than in the rest of the world.

Tariffs are efficient, and quotas are not.