• 2022-05-29
    Which of the following is NOT true? ( ).
    A: Import companies prefer quotas to tariffs because it means more profits as long as they can receive the rights to fill those quotas
    B: In the case of tariffs, the government collects tariff revenue
    C: Any increase in demand under a tariff would result in higher prices
    D: In the case of quotas, the government collects no revenue