Exam (elaborations)
MACRO CHAPTER 34EXAM QUESTIONS &ANSWERS GRADED A+
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Macro Chapter 34 A tariff differs from a quota in that a tariff is: A. levied on imports, whereas a quota is imposed on exports. B. levied on exports, whereas a quota is imposed on imports. C. a tax levied on exports, whereas a quota is a limit on the number of units of a good that can be expo...
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