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Business, 15.04.2020 19:00 teresaswinger
Why is a tariff-rate quota viewed as a compromise between the interests of the domestic consumer and those of the domestic producer? Check all that apply. A tariff-rate quota exposes home producers to severe import competition with a flatter over-quota tariff rate. The entire tariff quota’s revenue accrues to the domestic government. The entire tariff quota’s revenue is captured by domestic importers or foreign exporters as windfall profits. Of a tariff quota’s revenue effect, a portion accrues to the domestic government, while the remainder is captured by domestic importers or foreign exporters as windfall profits.
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Why is a tariff-rate quota viewed as a compromise between the interests of the domestic consumer and...
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