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  • 14-04-2019
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A tariff is a form of taxation on foreign products, while a quota is a ______ on imports from foreign countries.

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Tabbey
Tabbey Tabbey
  • 14-04-2019

Answer:A tariff is a form of taxation on foreign products, while a quota is a restriction on imports from foreign countries.

Explanation:  A quota is an imposed trade restriction by the government to  set a limit to the number or quantity of goods that the country can import. It is of great benefit to producers in the country because trade between the country  and other countries are been regulated.

Tariff are taxes imposed on imported or foreign goods.

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