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Trade Barriers

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KG - University

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Trade Barriers
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

U.S. farmers are allowed to obtain irrigation water from federal dam projects at very low prices to grow rice in the CA desert, if they promise to sell 90% of the rice to buyers in Asia.

Subsidies
Tarriff
Quota
Standard

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

U.S. State department officials decided to end the current prohibition of travel and some trade with Cuba.

Tarriff
Quota
Embargo
Standard

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

China’s most favored nation trading status will be taken away if congress and the President agree that the Chinese Government  is guilty of human rights abuses. All Chinese imports will experience a sharp increase in taxes if China is no longer considered a most favored nation.

Tarriff
Quota
Embargo
Subsidies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Japanese auto firms agree to limits set in Washington D.C., on the # of Japanese cars that may be sold in the U.S.

Embargo
Quota
Tarriff
Standard

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Congress passes a law requiring that all foreign-grown vegetables sold in the U.S. must be organically grown (no use of chemical fertilizers and herbicides)

Tarriff
Standard
Quota
Embargo

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