Different

types of
trade
barriers
Essential
Question


qHow do trade barriers (tariffs, quotas

and embargoes) hinder voluntary
trade from occurring between
countries?
 Tariff
q a.)A government tax on imports, designed
either to raise revenue or to protect domestic
industry from foreign competition.
q b.)Tariff increases government funds.
q c.) A tariff is a tax placed on imported goods.
q The economic policy of trade governing
between other countries.
q Tariffs are use imposed on imported goods to
other countries.
Tariff
q Tariffs are often used to protect infant
industries.
q Tariffs are subject to negotiation and treaties
among nations.
q A higher tariff allows a local company to
compete with foreign competition.
q When no tariff or other restrictions are placed
on imported goods, it is called free trade.



Import Quota
q a.)Import quotas control the amount or
volume of various commodities that can
be imported into a country in a given
period of time.
q b.)A number or percentage, especially of
people, constituting or designated as an
upper limit.
q An import quota works by reducing the
amount of foreign goods a country may
import.
q When international trade is introduced into
the market, this counterpoise may
change.
q An import quota fixes the quantity of a
Import Quota
qImport Quotas is like other trade
restrictions.
qEvaluators say quotas often lead to
corruption.
qAn import quota works by reducing the
amount of foreign goods a country
may import.

Trade Embargo
q a.)A trade embargo is a government order
prohibiting the movement of merchant
ships into or out of its ports.
q b.)A trade embargo is a political move by one
country against another.
q c.) A trade embargo is a strategy to make
another country either do something or
refrain from doing something.
q Trade embargoes are sometimes called
“economic sanctions”.
q A trade embargo is more likely to achieve its
ends if multiple countries end financial
relationships with the country.
Trade Embargo
q Embargoes generally attempt to shear weaker
adversaries to do what the abarcading
country wishes.
q The country imposing the trade embargo will
keep lid on most or all people in their country
from accomplishing business with the country
against which the trade embargo is imposed.
q Embargoes generally attempt to shear weaker
adversaries to do what the abarcading
country wishes.
q Under most laws in most countries, there are
special times when a trade embargo can be
violated.
The
End
By : Joshua Hamm
Bibliography
ühttp://www.wisegeek.com/what-is-a-trade
ühttp://en.wikipedia.org/wiki/Import_quota


ühttp://www.wisegeek.com/what-is-a-tariff.
ühttp://en.wikipedia.org/wiki/Tariff
