Question

level 2
match each trade barrier to its correct example,
canada sets a limit to how many electronics it sends to the u.s. to avoid higher taxes.
the u.s. charges an extra 10% tax on imported cars from japan.
during the year, only 1,000 tons of foreign sugar can enter the u.s.
all imported food must meet u.s. safety standards before being sold in the market.
the u.s. government completely stops trading oil with iran.

Explanation:

• "Canada sets a limit to how many electronics it sends to the U.S. to avoid higher taxes" is a voluntary export restraint as it's a self - imposed limit on exports.
• "The U.S. charges an extra 10% tax on imported cars from Japan" is a tariff (a tax on imports).
• "During the year, only 1,000 tons of foreign sugar can enter the U.S." is a quota (a limit on the quantity of imports).
• "All imported food must meet U.S. safety standards before being sold in the market" is a healthy, safety, or environmental regulation (a non - tariff barrier related to standards).
• "The U.S. government completely stops trading oil with Iran" is an embargo (a complete ban on trade).

Answer:

1. voluntary export restraint
2. tariff
3. quota
4. healthy, safety, or environmental regulation
5. embargo