The main difference between imposing a tariff and handing out licenses under an import quota is that a tariff increases a. consumer surplus. b. producer surplus. c. international trade. d. government revenue.
Principles of Macroeconomics (Mind...
Principles of Macroeconomics (Mind...
The main difference between imposing a tariff and handing out licenses under an import quota is that a tariff increases
a. consumer surplus.
b. producer surplus.
c. international trade.
d. government revenue.
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