Tariffs are government taxes on imports or exports that are usually imposed for political reasons to restrain trade between nations and protect domestic industries from foreign competition. Import quotas also restrict the quantities of goods that can be imported within a set period of time to shield domestic producers. This document on international trade policies was presented by Katrina, Ariana, and Diamond.
Tariffs are government taxes on imports or exports that are usually imposed for political reasons to restrain trade between nations and protect domestic industries from foreign competition. Import quotas also restrict the quantities of goods that can be imported within a set period of time to shield domestic producers. This document on international trade policies was presented by Katrina, Ariana, and Diamond.
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Tariffs are government taxes on imports or exports that are usually imposed for political reasons to restrain trade between nations and protect domestic industries from foreign competition. Import quotas also restrict the quantities of goods that can be imported within a set period of time to shield domestic producers. This document on international trade policies was presented by Katrina, Ariana, and Diamond.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
protectionism, the economic policy of restraining trade between nations. For political reasons, tariffs are usually imposed on imported goods, although they may also imposed on exported goods.
Import Quota
Import quota-a governmental restrictions
on the quantities of a particular commodity that may be imported within a specific period of time usually with the goal of protecting domestic producers of that commodity from foreign competition. Extra information