Question

Match each effect with the correct type of trade barrier

A. Standards
B. Quotas
C. Embargoes


A. Restrict exports entirely and can be used as punishment
B. Place limits on imports and can drive up prices
C. Enforce rules to uphold quality and are intended to protect consumers

Answer 1

Answer: i got you

Explanation:

standards= C

Quotas= B

Embargoes= A

Answer 2

Trade Barrier although it affects "free trade"  is not a negative term. The Correct match of given options are A - C, B - B, C- A.

Trade Barrier

For a Nation, the concept of "Free Trade" is not altogether positive as it can  sometime affects their domestic industries which are not capable to compete big companies. To overcome this issue "Trade Barrier" is used, apart from economic reason, it can also be used for political reasons.

In the following question we have to match different types of trade barrier with their definition. Here are the correct match:-

A. Standard - C. Enforce rules to uphold quality and are intended to protect consumers.

B. Quotas -  B. Place limits on imports and can drive up prices

C. Embargoes - A. Restrict exports entirely and can be used as punishment.

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