Trade Barriers
Economics ⇒ International Trade and Globalisation
Trade Barriers starts at 11 and continues till grade 12.
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A country imposes a 20% tax on imported shoes. What type of trade barrier is this?
A country imposes a ban on the import of certain agricultural products to prevent the spread of disease. What type of trade barrier is this?
A country requires all imported electronics to meet strict safety standards. What type of trade barrier is this?
Describe how trade barriers can affect the prices of imported goods.
Discuss the impact of trade barriers on international trade.
A country imposes a 20% tax on imported shoes. What type of trade barrier is this?
A country imposes a ban on the import of certain agricultural products to prevent the spread of disease. What type of trade barrier is this?
A country requires all imported electronics to meet strict safety standards. What type of trade barrier is this?
Which of the following is a direct effect of imposing a tariff? (1) Lower import prices (2) Increased government revenue (3) Increased imports (4) Decreased domestic production
Which of the following is a likely disadvantage of trade barriers for consumers? (1) Lower prices (2) Greater variety (3) Higher prices (4) Improved quality
Which of the following is a likely effect of removing trade barriers? (1) Decreased competition (2) Lower consumer choice (3) Increased international trade (4) Higher prices
Which of the following is a likely outcome if a country imposes high tariffs on imports? (1) Increase in imports (2) Decrease in domestic production (3) Increase in domestic employment (4) Decrease in government revenue
A ______ is a limit on the quantity of a good that can be imported into a country.
A government sets a maximum limit of 10,000 cars that can be imported in a year. This is an example of a ______.
Fill in the blank: ______ barriers include health and safety regulations that restrict imports.
Fill in the blank: ______ is a trade barrier that completely prohibits trade with a specific country.
State whether the following statement is true or false: 'Embargo is a complete ban on trade with a particular country.'
State whether the following statement is true or false: 'Trade barriers always benefit consumers.'
State whether the following statement is true or false: 'Trade barriers can be used to protect infant industries.'
State whether the following statement is true or false: 'Trade barriers can help a country achieve self-sufficiency.'
