wrnorris15 wrnorris15
  • 15-12-2020
  • Social Studies
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Which group is most likely to ask for trade restrictions on imports?

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mmontes0002
mmontes0002 mmontes0002
  • 15-12-2020

Answer:

The main types of trade restrictions are tariffs, quotas, embargoes, licensing requirements, standards, and subsidies. A tariff is a tax put on goods imported from abroad. The effect of a tariff is to raise the price of the imported product.

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