Sunfield is located in Hays Consolidated Independent School District - âA Place where Ideas grow.â Their mission is to prepare your children to be responsible, productive and informed citizens. Sunfield > Location > Preschool & Elementary
Definition. Import quota that allows a limited quantity of specified merchandise into a country (or withdrawal of already imported merchandise from a bonded warehouse) for consumption at a reduced duty rate during a specified period. Also called tariff quota.
Which statement BEST reflects the difference between tariffs and quotas? A) Tariffs raise prices on exports, while quotas set limits on imports. B) Tariffs raise prices on imports, while quotas set limits on exports. C) Tariffs raise prices on exports, while quotas set limits on exports. D) Tariffs raise prices on imports, while quotas set limits on imports.