Trade Barriers
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Trade Barriers By : Christie Nance
Standard • Compare and contrast different types of trade barriers such as tariffs , quotas,and embargoes.
Essential Questions 1)How do trade barriers (tariffs , quotas , and embargoes) hinder voluntary trade from occurring between countries ? 2)How does the EU encourage voluntary trade among its members ?
What are trade barriers ? vA term that describes any government policy that restricts world trade .
What is a tariff ? • A tax on imported goods.
What is a import quota ? • An import quota is 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.
What is a embargo ? • An embargo is the prohibition of commerce and trade with a certain country, in order to isolate it and to put its government into a difficult internal situation, given that the effects of the embargo are often able to make its economy suffer from the initiative.
• They pervent the contries from trading.
Standard • Compare and contrast different types of trade barriers such as tariffs , quotas,and embargoes.
Essential Questions 1)How do trade barriers (tariffs , quotas , and embargoes) hinder voluntary trade from occurring between countries ? 2)How does the EU encourage voluntary trade among its members ?
What are trade barriers ? vA term that describes any government policy that restricts world trade .
What is a tariff ? • A tax on imported goods.
What is a import quota ? • An import quota is 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.
What is a embargo ? • An embargo is the prohibition of commerce and trade with a certain country, in order to isolate it and to put its government into a difficult internal situation, given that the effects of the embargo are often able to make its economy suffer from the initiative.
• They pervent the contries from trading.
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