6-Economics-Macroeconomics-International Trade-Restrictions

embargo

Countries can block another country's trade {embargo}|.

quota in trade

Import amounts can have restrictions {quota, trade}|.

tariff

Countries can tax imports {tariff}|, to protect national industries. Tariffs allow keeping prices high, but this hurts consumers.

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6-Economics-Macroeconomics-International Trade

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Date Modified: 2022.0225