A(n)____ is the most common form of trade restriction.
A) import tariff
B) export tariff
C) quota
D) embargo
E) maquiladoras

Question

Quizplus · Accepted Answer

A quota is a limit on the quantity of goods that can be imported or exported. This type of trade restriction is commonly used by governments to protect domestic industries and limit competition from foreign companies. Import tariffs and export tariffs are taxes on goods that cross a country's borders, while an embargo is a complete ban on trade with a particular country or region. Maquiladoras, on the other hand, refer to factories in Mexico that manufacture goods for export to the United States.

A(n)____ Is the Most Common Form of Trade Restriction