QUESTION IMAGE
Question
question 2 (5 points)
what are foreign trade sanctions?
policies aimed at hurting other nations through trade penalties.
trade arrangements that produce mutual benefit to all nations involved.
international agreements about fair trading practices.
neutral territories where goods can be freely exchanged.
question 3 (5 points)
a tax on goods entering a country is called a/an
quota.
excise tax.
tariff.
subsidy.
question 4 (5 points)
For Question 2, foreign - trade sanctions are punitive trade policies against other nations. For Question 3, a tax on goods entering a country is a tariff. A quota limits the quantity of goods, an excise tax is on domestic production/sale of certain goods, and a subsidy is financial aid, not a tax on imports.
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Question 2: Policies aimed at hurting other nations through trade penalties.
Question 3: tariff.