A country is angry at a neighboring country for creating too much water and air pollution. It passes a law that forbids its citizens from doing any business with the other country until that country cleans up the pollution. If the pollution continues, there will be no trade between the countries.This is an example of which type of trade barrier?A.EmbargoesB.TariffsC.QuotasD.Subsidies

Complete the following statement: A trade barrier can be used to prevent dumping. For example, a    will increase the price of imported goods so that foreign firms won’t be able to    domestic firms by charging a lower price.Submit

A country wants to help its corn farmers compete with foreign competitors. It starts a program that gives government money to every corn farmer in the country. The extra money lets the farmers charge less for their corn at the market, making it less expensive than imported corn.This is an example of which type of trade barrier?A.SubsidiesB.EmbargoesC.TariffsD.Quotas

Which is the trade barrier that involves a country producing and protecting goods that cost more to produce than the same goods made abroad?*1 pointexport substitutiontrade sanctionsubsidyimport substitution

Creating barriers to trade can lead to which problem?A.Other countries will retaliate by creating their own barriers to trade.B.The country will become overly reliant on foreign countries.C.Domestic businesses will face more competition from foreign companies.D.Consumers will be more likely to buy luxury goods in foreign markets.

Complete the following statement: Trade barriers can be used to protect domestic jobs. A restriction on imports will increase demand for    goods. This will increase the derived demand for    and increase employment.