BRAINLIESTTTTTTT

Which statement best explains the difference between tariffs and quotas?
Group of answer choices

Tariffs are a ban on trade, whereas quotas lower prices.

Tariffs are a tax added to imports, whereas quotas are a ban on trade.

Tariffs are a tax added to imports, whereas quotas set limits on imports.

Tariffs set limits, whereas quotas are a tax added to imports.