Which statement best reflects the difference between tariffs and quotas?
a)
tariffs ra...
Social Studies, 19.09.2019 01:00, 1tzM3
Which statement best reflects the difference between tariffs and quotas?
a)
tariffs raise prices on exports, while quotas set limits on imports.
b)
tariffs raise prices on imports, while quotas set limits on exports.
c)
tariffs raise prices on exports, while quotas set limits on exports.
d)
tariffs raise prices on imports, while quotas set limits on imports.
Answers: 2
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