which-of-the-following-is-a-key-difference-between-a-tariff-and-an-import-quota

Question

Which of the following is a key difference between a tariff and an import quota?

Accepted Answer

A tariff generates government revenue, while an import quota does not.

Answer

An import quota generates government revenue, while a tariff does not.

Answer

Neither generates government revenue.

Answer

Both generate government revenue.