Business, 30.01.2020 02:03 klaw4497

Amajor difference between tariffs and import quotas is that a. tariffs create deadweight losses, but import quotas do not. b. tariffs domestic consumers, and import quotas domestic producers. c. tariffs raise revenue for the government, but import quotas create surplus for those who get the licenses to import.

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Amajor difference between tariffs and import quotas is that a. tariffs create deadweight losses, but...

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