Influence of a quota
How would the influence of a quota which creates the simialr amount of imports differ?
Expert
An import quota of QbQd would have the similar effects as the tariff, however there would be no tariff revenues to government through these imports; this revenue would effectively be transferred to foreign manufacture.
Administration: It refers to the Governor's Office and those individuals, subdivisions, and offices reporting to it (example, the Department of Finance).
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