asked 200k views
1 vote
Which statement BEST reflects the difference between tariffs and quotas?

A)
Tariffs set limits on imports, while quotas raise prices on exports.


B)
Tariffs set limits on exports, while quotas raise prices on imports.


C)
Tariffs raise prices on exports, while quotas set limits on exports.


D)
Tariffs raise prices on imports, while quotas set limits on imports.

1 Answer

5 votes
D for sure I looked it up and it was right
answered
User Chirag Thummar
by
8.0k points
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