When does the domestic government gain the MOST revenue?

Question

Quizplus · Accepted Answer

When a domestic government imposes a tariff on imported goods, it directly collects revenue from the tariffs paid by importers. This is a straightforward way for the government to gain revenue from international trade. In contrast, import quotas and voluntary export restraints do not inherently generate revenue for the government; they limit quantities but do not involve direct payments to the government.

When Does the Domestic Government Gain the MOST Revenue