Question: Question 1 4 . 2 8 Mark as: None Homework - Answered - Due Today, 1 1 : 5 9 PM Which of the following
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Which of the following is true when comparing tariffs and quotas?
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a The government will likely gain more revenue with a tariff than with a quota.
A quota will be more effective in reducing imports.
Your answer
c A tariff will increase the price of imports more than a quota will.
d Both quotas and tariffs on imports into the US will eventually cause US exports to rise.
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