A quota typically increases the volume of imports,whereas a tariff typically decreases the volume of imports.

Name: A quota typically increases the volume of imports,whereas a tariff typically decreases the volume of imports.
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A quota restricts the amount of imports allowed into a country, leading to a decrease in the volume of imports. On the other hand, a tariff raises the cost of imported goods, making them less competitive with domestic products and leading to a decrease in the volume of imports.

A Quota Typically Increases the Volume of Imports,whereas a Tariff