Topic: Difference between Tariff and Quota
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Answers to Common Questions
What is the Difference between tariff and quota?
Tariffs are taxes, or the amount of money a country needs to pay for trading products. Quotas are the limitations on what is traded, how much is traded, how much is paid for each product traded,and where its traded. Tariffs are more benefic... Read More »
Source: http://wiki.answers.com/Q/What_is_the_Difference_between_tariff_a...
What is the difference between a tariff and an important quota?
A tariff is a tax on an imported good. An import quota (as I assume you mean) is a limit on the amount of a good which is allowed to be imported. One regulates price, the other supply. Read More »
Source: http://wiki.answers.com/Q/What_is_the_difference_between_a_tariff...
How are embargoes different than tariffs and quotas?
Embargoes mean that there would be no trade what so ever with the country in speaking (for example, The US has put an embargo on North Korea.) Embargoes often root from political reasons rather than economic ones. Tariffs and quotas root pr... Read More »
Source: http://wiki.answers.com/Q/How_are_embargoes_different_than_tariff...
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Answers to Other Common Questions
A quota is a limit on the number of imports of a certian product wh... ...MORE...
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Source: http://www.chacha.com/question/what-is-the-difference-between-a-q...
they are alike because they trade barriers and they use imports to trade goods and to get goods.they are different because tariffs taxesimports,quotas limit the amount that can be imported while embargoes barnations imports
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Source: http://wiki.answers.com/Q/What_are_the_differences_and_similariti...
A tariff or a quota increase the cost to the consumer. A tariff adds an additional cost to a product. As a result the consumer loses. Sometimes the supplier loses. A supplier in a distant land has the retail cost of his product go up under ...
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Source: http://wiki.answers.com/Q/Who_loses_from_a_tariff_or_quota
The Government Benifitd From The Terrifs And Quotos
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Source: http://wiki.answers.com/Q/Who_benefits_from_a_tariff_or_quota
A is correct. A tariff is a tax on an import. A quota just limits the number of imports. Both are protectionist measures which restrict international trade. Tariff's are imposed by the government and their revenues do accrue to the governme...
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Source: http://answers.yahoo.com/question/index?qid=20071216184137AAefwK0
similarities: they both restrict trade with foreign companies/countries if the good being imported is a foreign cultural good that only foreign companies should produce, then it is likely both policies are rendered useless (e.g. Indian spic...
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Source: http://answers.yahoo.com/question/index?qid=20100614031300AAyGBuU
One of the differences between a tariff and a quota is that a tariff creates revenue for the government, while a quota creates rents for sellers.
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Source: http://answers.yahoo.com/question/index?qid=20100309144010AAkU6st
