Question: Question 3 - Answer the following true/false questions, and write your answers in the boxes on the right. 4 points (a) A revenue tariff generates

Question 3 - Answer the following true/false questions, and write your answers in the boxes on the right. 4 points (a) A revenue tariff generates money from the citizens. () TRUE (b) FALSE 4 point (b) A quota generates more money from the citizens than a tariff (a) TRUE (b) FALSE 4 points (c) A protective tariff generates money from the citizens. (a) TRUE (b) FALSE 4 points (d) An embargo is a tariff of zero. (a) TRUE (b) FALSE 4 points (e) A tariff is a tax on goods being exported. (a) TRUE (b) FALSE 4 points (f) A prohibitive tariff generates money from the citizens. (a) TRUE (b) FALSE

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