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Author Question: The main purpose of most tariffs and quotas is to A) reduce the foreign competition that domestic ... (Read 263 times)

fbq8i

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on: Jun 29, 2018
The main purpose of most tariffs and quotas is to
 
  A) reduce the foreign competition that domestic firms face.
  B) improve the quality of goods and services imported into the country.
  C) raise revenue for the government.
  D) reduce the prices consumers pay for goods and services.

Question 2

One result of a tax is an increase in economic efficiency.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Kaytorgator

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


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