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Author Question: A difference between a quota and a tariff is that A) a tariff generates a higher price than does ... (Read 130 times)

kamilo84

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on: Jun 29, 2018
A difference between a quota and a tariff is that
 
  A) a tariff generates a higher price than does a quota.
  B) a tariff generates a greater reduction in exports than does a quota.
  C) a quota increases profits of domestic producers more than does a tariff.
  D) the government collects revenue from a tariff but does not collect revenue from a quota.

Question 2

A country's balance of payments accounts include all of the following EXCEPT the
 
  A) military account.
  B) current account.
  C) capital and financial account.
  D) official settlements account.


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canderson530

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

D

Answer to Question 2

A


kamilo84

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

T4T

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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