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Tidy Tidy
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8 years ago
Which of the following is common to both tariffs and quotas?
A) Tariffs and quotas are both used as a means to increase government revenue.
B) Tariffs and quotas both increase economic efficiency.
C) Tariffs and quotas are both designed to reduce foreign competition faced by domestic firms.
D) Tariffs and quotas are both examples of voluntary export restraints.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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SydnieSydnie
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8 years ago
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Tidy Author
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8 years ago
Good timing, thanks!
Natalie Price
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You make an excellent tutor!
yen
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2 hours ago
Brilliant ツ
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