A tariff has one distinct advantage over a quota.It increases tax revenues to the government.
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Q48: Any restriction of international trade that is
Q49: If a country's workers can produce 10
Q50: According to William Safire, "helpfulism" is basically
Q51: A tariff is a tax on imports.
Q52: Mercantilism is a doctrine that holds that
Q54: Dumping is a trade practice in which
Q55: An import quota will ordinarily raise the
Q56: If a nation has an absolute advantage
Q57: Labor is defined as cheap only if
Q58: A quota specifies the maximum amount of
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