From a policy standpoint, a quota is more desirable than a tariff.

Question

Quizplus · Accepted Answer

Quotas and tariffs serve different policy objectives and their desirability depends on the specific goals of a government. While tariffs generate revenue and can protect domestic industries by making imported goods more expensive, quotas strictly limit the quantity of goods that can enter a country, which can lead to shortages and higher prices for consumers without generating revenue for the government. The desirability of either measure depends on the economic context and policy goals.

From a Policy Standpoint, a Quota Is More Desirable Than