The reason tariffs and quotas are imposed is that
A. their costs are spread among many people and their benefits are concentrated.
B. their costs are concentrated and their benefits are spread among many people.
C. they create net benefits in the long run.
D. they reduce import dependence.
Answer:A
The reason tariffs and quotas are imposed is that
A. their costs are spread among many people and their benefits are concentrated. B. their costs are concentrated and their benefits are spread among many people. C. they create net benefits in the long run. D. they reduce import dependence.