Describe some of the differences between tariffs and quotas?

What will be an ideal response?


Tariffs and quotas differ in their revenue effects and restrictive impacts on the volume of trade. While quotas are easier to administer and manage, they do not provide the government with revenue.

Business

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Maintaining a professional sales force accounts for major expenditures by most companies. Thus, professional selling presents a large number of career opportunities.

Answer the following statement true (T) or false (F)

Business

Marketing is important because without it, it would be difficult for any of us to learn about new products and services.

Answer the following statement true (T) or false (F)

Business

A principal cause of portfolio underperformance is:

A) Conservative technical communities. B) Government intervention. C) Out-of-sync projects. D) Scarce resources.

Business

There are two major methodologies for acquiring information in trial courts in the western world. One involves an independent and neutral judge, and the parties are responsible for preparation and presentation of their case. This is called the_________system. The other method where the judge takes a more proactive role is called the_________system

Fill in the blank(s) with correct word

Business