Quotas offer greater scope for corruption than tariffs. B. Quotas may not support inflationary pressures within

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 19RQ: Identity several parties likely to he helped and hurt by inflation.
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A. Quotas offer greater scope for corruption than tariffs.

B. Quotas may not support inflationary pressures within the country by restricting supply. 

  • Both A & B is True
  • A is False, B is True
  • A is True, B is False
  • Both A & B is False 
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