A difference between a quota and a tariff is that
A. a tariff generates a higher price than does a quota.
B. a tariff generates a greater reduction in exports than does a quota.
C. a quota increases profits of domestic producers more than does a tariff.
D. the government collects revenues from a tariff but does not collect revenues from a quota.
Answer:D
A difference between a quota and a tariff is that
A. a tariff generates a higher price than does a quota. B. a tariff generates a greater reduction in exports than does a quota. C. a quota increases profits of domestic producers more than does a tariff. D. the government collects revenues from a tariff but does not collect revenues from a quota.