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?
a. embargo
b. tariff
c. quota
d. opportunity cost

Explanation:

• An embargo is a complete ban on trade with a country. Here, it's a limit, not a complete ban, so A is incorrect.
• A tariff is a tax on imports. The question is about a quantity limit, not a tax, so B is incorrect.
• A quota is a limit on the quantity of a good that can be imported. This matches the description in the question.
• Opportunity cost is the cost of forgoing the next - best alternative. It is not a trade barrier, so D is incorrect.

Answer:

C. Quota