Review... Key Concepts Tariff – tax ▫A trade barrier that is used to discourage trade with foreign companies ▫This type of barrier would restrict trad
{"Image DocumentName": "Review Key Concepts Tariff \u2013 tax Embargo Quota", "Image ImageDescription": "A trade barrier that is used to discourage trade with foreign companies. This type of barrier would restrict trade. Created to increase the prices of imported goods and protect a country\u2019s own industries from foreign competition. Embargo. Forbidden trade with another country. This type of barrier would STOP the importing of an item. Can be put in place for safety reasons Unsanitary conditions \u2013 lead paint. Also used for political reasons Countries that violate human rights. Quota. Restrictions on the amount of a good that can be imported into a country. This type of barrier can create shortages and an increase in price. EU placed a quota on Chinese imports of clothing when France and Italy, with strong textile industries, complained about cheap import prices.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}