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Question
match each trade barrier with the best description. tariff choose subsidies choose embargo choose quota choose
A tariff is a tax on imported goods. Subsidies are financial aids to domestic producers which can distort trade. An embargo is a complete ban on trade with a particular country. A quota is a limit on the quantity of a good that can be imported.
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Tariff: A tax on imported goods.
Subsidies: Financial aid to domestic producers affecting trade.
Embargo: Complete ban on trade with a country.
Quota: Limit on the quantity of imported goods.