QUESTION IMAGE
Question
tariff type
japan announces an import tax of 15% on u.s.-made vehicles.
the government of haiti supplements the income of farmers of agricultural commodities such as wheat, grain, and cotton.
every wristwatch imported into mexico is subject to a tax of 45 pesos.
quota type
the u.s. allows the import of no more than 1.23 million tons of sugar each year.
vietnam restricts the import of rice to 350,000 metric tons per year.
the federal highway administration requires that steel and iron products used in highway construction projects must be sourced from u.s. companies.
companies wishing to import cheese into france must comply with lengthy customs procedures and provide additional trade documents such as certificates of origin and certificates of authenticity.
embargo type
russia places a complete restriction on the importation of fish from norway.
subsidy type
local content law type
business practice
submit
Step1: Analyze Tariff Type
Tariff is a tax on imports. Check the right - hand statements:
- "Japan announces an import tax of 15% on U.S. - made vehicles." This is a tariff (import tax), so it belongs to Tariff Type.
- "Every wristwatch imported into Mexico is subject to a tax of 45 pesos." This is also a tariff (import tax), so it belongs to Tariff Type.
Step2: Analyze Quota Type
Quota is a limit on the quantity of imports. The left - hand statements:
- "The U.S. allows the import of no more than 1.23 million tons of sugar each year." This is a quantity limit, so it belongs to Quota Type.
- "Vietnam restricts the import of rice to 350,000 metric tons per year." This is a quantity limit, so it belongs to Quota Type.
Step3: Analyze Embargo Type
Embargo is a complete ban on imports. The left - hand statement:
- "Russia places a complete restriction on the importation of fish from Norway." This is a complete ban, so it belongs to Embargo Type.
Step4: Analyze Subsidy Type
Subsidy is a government payment to domestic producers. The right - hand statement:
- "The government of Haiti supplements the income of farmers of agricultural commodities such as wheat, grain, and cotton." This is a government payment to domestic farmers (producers), so it belongs to Subsidy Type.
Step5: Analyze Local content law Type
Local content law requires using domestic - sourced inputs. The right - hand statement:
- "The Federal Highway Administration requires that steel and iron products used in highway construction projects must be sourced from U.S. companies." This requires using domestic (U.S.) sourced products, so it belongs to Local content law Type.
Step6: Analyze Business practice Type
Business practice here refers to customs procedures for imports. The right - hand statement:
- "Companies wishing to import cheese into France must comply with lengthy customs procedures and provide additional trade documents such as Certificates of Origin and Certificates of Authenticity." This is about customs procedures for imports, so it belongs to Business practice Type.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
- Tariff Type: "Japan announces an import tax of 15% on U.S. - made vehicles.", "Every wristwatch imported into Mexico is subject to a tax of 45 pesos."
- Quota Type: "The U.S. allows the import of no more than 1.23 million tons of sugar each year.", "Vietnam restricts the import of rice to 350,000 metric tons per year."
- Embargo Type: "Russia places a complete restriction on the importation of fish from Norway."
- Subsidy Type: "The government of Haiti supplements the income of farmers of agricultural commodities such as wheat, grain, and cotton."
- Local content law Type: "The Federal Highway Administration requires that steel and iron products used in highway construction projects must be sourced from U.S. companies."
- Business practice Type: "Companies wishing to import cheese into France must comply with lengthy customs procedures and provide additional trade documents such as Certificates of Origin and Certificates of Authenticity."