Answer to Question #221240 in Microeconomics for kelly

Question

   From the importing country’s point of view, a tariff is better than a quota because 

a.      a tariff has a smaller effect on imports than does a quota.

b.     a tariff has a larger effect on imports than does a quota.

c.      the tariff generates tax revenue for the government.

d.     both reduce imports but only quotas increase price.

Answer 1

b.     a tariff has a larger effect on imports than does a quota

Tarrifs' effects tends to be transparent more compared to quotas and therefore they are preffered.