Show:
Tariff
Embargoes
Subsidies
Standards
Quotas
100
A tax on imported goods
What is a Tariff
100
Occurs when a nation or group of nations refuses to trade with another
What is An Embargo
100
A payment from the government to a business which is a free grant that business do not have to pay back if the business agrees to better wages.
How are subsides used?
100
Specific guideline on goods coming into a country
What is a standard?
100
A limitation on the number of units or the amount of a particular good that can be imported
What is a Quota?
200
How do governments use tariffs?
They use tariff to raise the price of imported goods.
200
An example of an Embargo
What is US and Cuba?
200
Examples of Subsidy
What is welfare payment,housing loans,and student loans?
200
True or Flase: Standards are a tax on goods
What is False?
200
True or False;Sales quotas affect base salary payments
What is False?