protective measure, a quota is more effective than a tariff. B. A tariff seeks to discourage

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter28: International Trade
Section: Chapter Questions
Problem 10P
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A. As a protective measure, a quota is more effective than a tariff.

B. A tariff seeks to discourage imports by raising the price of imported articles.

Both A & B is True

Both A & B is False

A is True, B is False

A is False, B is True

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