What type of trade barrier is being used if the Italian government imposed duties on consumer electronic products imported from Canada to raise their prices in the local market and to protect the local companies from competition?
A) embargo
B) protective tariff
C) import quota
D) revenue tariff

Question

Quizplus · Accepted Answer

Protective tariffs are taxes imposed on imported goods to raise their price, making them less competitive against local products, thus protecting domestic industries from foreign competition.

What Type of Trade Barrier Is Being Used If the Italian