tariffs and quotas are different in the sense that a tariffs enhance the well-being of domestic producers, while quotas diminish the well-being of domestic producers. b tariffs enhance the well-being of domestic consumers, while quotas diminish the well-being of domestic consumers. c tariffs raise revenue for the government, while quotas do not raise revenue for the government. d quotas raise revenue for the government, while tariffs do not raise revenue for the government. e tariffs cause deadweight losses, while quotas do not cause deadweight losses.
