Question

Tariffs, import quotas, and embargoes are ways of

A. limiting the goods brought into a country.
B. inspecting goods to be exported.
C. encouraging more international trade.
D. lowering the prices on foreign goods.

Answer 1

Tariff is a kind of tax, import quotas is a limitation on the number of objects that can be imported and embargo is the prohibition of import: the correct answer is:

A. limiting the goods brought into a country.