Answer:
The government of the importing company may not receive revenues in the following scenarios: quotas, subsidies, and tariffs.
Quotas are a type of trade restriction imposed by the government to limit the quantity of goods that can be imported into a country. When quotas are implemented, the government sets a maximum limit on the quantity of a particular product that can be imported. If the quota is reached, any additional imports beyond that limit are prohibited. In this case, the government may not receive revenues because it restricts the quantity of goods that can enter the country, thereby limiting potential import revenues.
Subsidies, on the other hand, refer to financial assistance provided by the government to domestic industries or producers. Subsidies are usually given to promote domestic production and protect local industries from foreign competition. When subsidies are granted, they reduce the cost of production for domestic producers, making their products more competitive in the market. However, if a government provides subsidies to its domestic industries, it may not receive revenues from imports as these subsidies can make imported goods less attractive or competitive in terms of pricing.
Tariffs are taxes imposed on imported goods by the government. These taxes are levied at the border when goods enter the country. Tariffs serve multiple purposes such as generating revenue for the government, protecting domestic industries from foreign competition, and regulating trade flows. However, if tariffs are set too high or if certain goods are exempted from tariffs due to trade agreements or other reasons, it can result in reduced revenues for the government.
In summary, quotas restrict the quantity of imports allowed into a country, subsidies can make imported goods less competitive, and tariffs may not generate sufficient revenue if they are set too low or certain goods are exempted.
Step-by-step explanation: