Quantitative
What does quantitative barriers protect?
The national producers and the market
Do qualitative barrier policies protect the customer?
Yes, it protects the customers
What does the following affirmation refer to:
“They are the mechanisms against taxes”?
Subsidies
The following is an example of quantitative “Trump announced the administration would impose a tariff on imported steel and on imported aluminum.” yes or no.
YES
What does the qualitative barrier refer to?
They refer to the service and quality standards specified as a characteristic of the merchandise or as a requirement.
When Trump wanted to ban TikTok from the US allegedly because they were considered Chinese Spies. Is it considered an intervention barrier?
YES
What do quantitative barriers include? Mention three.
Import policies reflected in taxes, tariffs and other charges, import licenses by area, license costs and Customs processes by quantity. Ad valorem tax, unitary tax, mixed tax
In the context of trade regulation, this approach emphasizes the protection of domestic industries through tariffs and quotas, while the other approach prioritizes consumer safety and quality standards, often influenced by international agreements and political considerations. What type of barrier type are these two approaches?
The first approach is Quantitative
Second approach is Qualitative
What kind of restriction would be the Cuban Embargo?
Political restriction
What effect do quantitative measures have on the market?
It changes the prices in the market and protects the national producers
Give three examples of certifications given that are considered qualitative maeasures
Halal, Kosher, ISO, HACCAP
What is the difference between subsidy and subvention?
A subsidy gives money out, a subvention facilitates goods and services but does not directly give money