Tariffs vs. Quotas

This video compares tariffs with quotas and shows how to analyze quotas using supply and demand. A key question addressed in this video pertains to who earns rents from quotas. This video also covers excess capacity, foreign rent seeking and complications with calculating tariffs.
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[@aqsaart9533]

Starting with DX and SX and PX = $4.50 with free trade, analyze the partial equilibrium effects of a negotiated export quota of 30X.

[@aqsaart9533]

?

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Aren't quotas supposed to shift the supply curve rather than the demand curve?

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