QUESTION IMAGE
Question
if saudi arabia’s government puts a limit on how much israeli dead sea salt it will import this year, what trade barrier is this? opportunity cost embargo tariff quota
Brief Explanations
Opportunity cost is about the value of the next - best alternative, not a trade barrier. An embargo is a complete ban on trade. A tariff is a tax on imports. A quota is a limit on the quantity of a good that can be imported. Since the problem is about a limit on the amount of salt to be imported, it fits the definition of a quota.
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Quota