ECONOMICS
BARRIERS TO TRADE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Company XYZ produces cheese in Scotland and exports the cheese, which costs $100 per pound, to the U.S. A 20% tax would require company XYZ to pay the United States government $20 to export the cheese. This is an example of which trade barrier?
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Tariff
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Embargo
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Quota
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None of the above
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Explanation:
There is 1 question to complete.