2014CFA1级考生必看-【每日一练】-经济学-20140307

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In what way does a tariff differ from a quota? A tariff is:


A)not significantly different from a quota; tariffs are imposed by world organizations, whereas quotas are imposed by individual countries.


B)a tax imposed on imports, whereas a quota is a limit on the number of units of a good that can be imported.


C)a tax imposed by a foreign government, whereas a quota is a limit on the total amount of trade allowed.

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答案 B
The difference between a tariff and a quota is that a tariff is a tax imposed on imported goods, while a quota is an import quantity limitation. Also, a tariff will generate tax revenue, but a quota does not.

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