Ask Question
18 November, 14:23

Evaluate the following statement. True or False: A quota's revenue effect generally accrues to the domestic government, whereas the tariff's revenue accrues to domestic importers or foreign exporters. True False

+1
Answers (1)
  1. 18 November, 14:52
    0
    False

    Explanation:

    Quotas are quantitative limitations to imports, making a single good more expensive to consumers and affecting suppliers in terms of higher revenue, without direct effect to the government. Unlike quotas, import tariffs revenue is collected by a government body in the form of tax imposed on domestic importers.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Evaluate the following statement. True or False: A quota's revenue effect generally accrues to the domestic government, whereas the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers