Explore BrainMass

Explore BrainMass

    This post compares a tariff and a quota.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Compare and contrast a tariff and a quota.

    © BrainMass Inc. brainmass.com June 4, 2020, 2:43 am ad1c9bdddf

    Solution Preview

    Basically, tariffs deal with money and quotas deal strictly with numbers. A tariff is a tax that is set by an importing country. The foreign countries pay tariffs, usually along with additional other ...

    Solution Summary

    The solution compares and contrasts a tariff and a quota.