Answered: Quotas are better than tariffs because…

Quotas are better than tariffs because they lead to 'quality upgrading' which is good for the domestic consumer. Group of answer choices True False

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter18: Trading With Other Nations

Section: Chapter Questions

Problem 2AA

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Question

Quotas are better than tariffs because they lead to 'quality upgrading' which is good for the domestic consumer.

Group of answer choices

True

False

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