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Historically, the most important trade barriers have been tariffs and _______.

a. minimum wage laws.
c. taxes on exports.
b. quotas.
d. subsidies

2 Answers

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Historically, the most important trade barriers have been tariffs and _______.

Quotas

User Dpelisek
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The correct answer is b. quotas. This is the a limit of quantity of a product coming into a country that a goverment imposes in order to protect domestic producers. However, quota causes an important profit lost because the goverment does not earn a tax revenue, so it is less frequently used than the tariffs.

User Majid Hazari
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