This graph demonstrates the domestic demand and supply for a good,as well as a quota and the world price for that good. 
Once an economy decides to impose a quota,as is the case in the graph shown,the outcome differs from that of a tariff being imposed in that:
A) area G represents quota rents instead of tax revenues.
B) area F and H are deadweight loss instead of transferred surplus.
C) area E represents tax revenues instead of transferred surplus.
D) None of these is true.
Correct Answer:
Verified
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