Trade Restrictions Review

What is unrestricted trade between nations?

• global trade

• free trade

• international trade

• common trade

What is a tax on imported goods?

• embargo

• quota

• tariff

• sanction

What is a penalty levied on another country?

• embargo

• quota

• tariff

• sanction

What is a limit on the quantity of imports?

• embargo

• quota

• tariff

• sanction

What is a trade restriction that prevents a country from trading with another?

• embargo

• quota

• tariff

• sanction

What is an agreement between Canada, Mexico, and the U.S. to promote unrestricted trade among these countries?

• NAFTA

• NASA

• NATO

• NADA

What trade restriction would a 75% tax on shoes from Vietnam?

• quota

• embargo

• tariff

• sanction

What trade restriction would it be if the United Kingdom decided to not buy beef from the United States unless we changed how we process the meat?

• embargo

• tariff

• sanction

• quota

What trade restriction would it be if Russia stopped all imports from United States?

• embargo

• quota

• sanction

• tariff

What trade restriction would it be if South Africa only allowed 50,000 pounds of sugar to be imported from Brazil?

• embargo

• sanction

• quota

• tariff