Measuring the impact of a quota or tariff on the Canadian economy is an example of ________.Stating that a quota or tariff should be eliminated is an example of ________.
A)statistical analysis; economic analysis
B)positive analysis; normative analysis
C)econometric analysis; protectionism
D)trade analysis; an opinion

Question

Quizplus · Accepted Answer

Measuring the impact of a quota or tariff on the Canadian economy involves statistical analysis, which falls under positive analysis. Stating that a quota or tariff should be eliminated involves normative analysis since it is an opinion-based recommendation on what should be done, rather than an objective analysis of what is.

Measuring the Impact of a Quota or Tariff on the Canadian