Which type of trade barrier limits the number of goods that can be imported in a year?A.TariffB.SubsidyC.QuotaD.EmbargoSUBMITarrow_backPREVIOUS
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Solution 1
Step 1: Identify the Trade Barriers
- Tariff: A tax imposed on imported goods, increasing their price and potentially reducing imports.
- Subsidy: Financial aid provided by the government to local businesses to make their goods cheaper compared to imported goods.
- Quota: A limit Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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