A tariff differs from a quota in that a tariff is a. levied on ...

[piesebel]

A tariff differs from a quota in that a tariff is
 a. levied on imports, whereas a quota is imposed on exports.
 b. levied on exports, whereas a quota is imposed on imports.
 c. a tax levied on exports, whereas a quota is a limit on the number of units of a good that can be exported.
 d. a tax imposed on imports, whereas a quota is an absolute limit to the number of units of a good that can be imported.

Question 2

What distinguishes public goods from private goods?

[mmpiza]

Answer to Question 1

d

Answer to Question 2

Public goods are both nonrival in consumption (one person's consumption does not diminish another's) and nonexclusive (you cannot prevent nonpaying individuals from benefiting from the good). Private goods are both rivalrous and exclusive. One's consumption of such a good does diminish another's, and you can keep nonpaying individuals from consuming the good or service.

[piesebel]

TYSM

[ryansturges]

Thanks for the timely response, appreciate it