Trade Barriers

By : Christie Nance
http://www.youtube.com/watch?v=pEbxh0893VM
 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 is a trade barrier ?

A term that describes any government policy or

regulation that restricts international trade.
 What is a tariff ?

A tax put on imported goods .

 What is a import quota ?

A type of protectionist trade restriction that sets a

strict limit on the quantity of a good that can be
imported into a country at a given time .
 What is a trade embargo ?

The prohibition of commerce and trade with a

certain country , in order to isolate it and put its
government into a difficult internal situation ,given
that the effects of the embargo are often able to
make its economy suffer.
They prevent the countries from trading . The
laws and restrictions keep them from trading
.They also make it expensive and harder .
The countries inside of the EU have free trade ,
but they put restrictions on the other countries
.They try to persuade other countries to get free
trade by doing this .
 The End !!!

Thnks 4 Watchn !!