Trade Barriers Bree And Ajia
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Trade barriers By: Brianna.Washington Ajia.Northern
Standard:SS6E2.b • Compare and contrast different kinds of trade barriers, such as tariffs, quota, and emargoes
Essential Question • How do trade barriers tariffs, quotas, and emargoes prevent international trade from occuring between countries.
What is the Difference • Tariff revenues accrue to the government, while gains from import quotas accrue to importers. Tariffs promote international trade, while import quotas restrict international trade. Tariffs restrict international trade, while import quotas increase international trade. Gains from tariffs accrue to importers, while import quota revenues accrue to the government.
Standard:SS6E2.b • Compare and contrast different kinds of trade barriers, such as tariffs, quota, and emargoes
Essential Question • How do trade barriers tariffs, quotas, and emargoes prevent international trade from occuring between countries.
What is the Difference • Tariff revenues accrue to the government, while gains from import quotas accrue to importers. Tariffs promote international trade, while import quotas restrict international trade. Tariffs restrict international trade, while import quotas increase international trade. Gains from tariffs accrue to importers, while import quota revenues accrue to the government.
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