TRADE WAYS
SERMANU AND JINNO AND ALEX AND KEONTAY AND BRYCE
Tariff ● ●
A tariff is a trade agreement. Traders seeking to evade tariffs are known as smugglers.
Import quota ● ●
●
A type of protectionist trade restriction that sets A physical limit on the quantity of a good that can be imported into a country in a given period of time
Trade embargo ●
● ●
Is the prohibition of commerce and trade with a certain country. It stops competition and punish countries
European union& voluntary ●
Is when country in side European union have to trade for free