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The main difference between a tariff and a quota is:

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The main difference between a tariff and a quota is:

A quota does not harm domestic consumers.

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A tariff raises the price of imports more than a quota.

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A quota reduces the quantity of imports more than a tariff.

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A tariff does not harm foreign producers.

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A tariff generates government revenue, while a quota, unless it is sold, does not.

100%

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