to limit how much of a good can be imported
  • Which best describes what a subsidy does?
  • What is the government's aim in setting quotas?
  • How are subsidies similar to tariffs?
  • What is the purpose of quotas?
to increase sales of domestic goods
  • Which best describes what a subsidy does?
  • What is the purpose of quotas?
  • What is the government's aim in setting quotas?
  • Customs duty on cars produced overseas is a type of
Both aim to disadvantage imports.
  • How do quotas help domestic producers?
  • How are subsidies similar to tariffs?
  • What is the purpose of quotas?
  • What is the government's aim in setting quotas?
producers
  • Which best describes what a subsidy does?
  • Who ultimately pays for tariffs, consumers or producers?
  • Which group directly benefits from subsidies?
  • What is the government's aim in setting quotas?
not positive incentive and subsidy.not negative incentive and subsidy.
  • Which best describes what a subsidy does?
  • Customs duty on cars produced overseas is a type of
  • What is the government's aim in setting quotas?
  • How do embargoes most negatively affect a domestic market?
It keeps the price of domestic goods relatively low.
  • How do quotas help domestic producers?
  • What is the government's aim in setting quotas?
  • Which best describes what a subsidy does?
  • Which best describes how standards help domestic producers?
consumers
  • Who ultimately pays for tariffs, consumers or producers?
  • What is the government's aim in setting quotas?
  • Which group directly benefits from subsidies?
  • Which best describes how standards help domestic producers?
How do quotas help domestic producers?
  • incentives
  • A subsidy on domestic oranges
  • Quotas facilitate the sale of more domestic goods
  • by depriving domestic producers of needed goods, restricting their ability to trade
Tariffs and subsidies are both types of
  • Quotas facilitate the sale of more domestic goods
  • positive
  • embargo
  • incentives
What term describes a ban or restriction on trade with another country?
  • Cuba
  • A subsidy on domestic oranges
  • embargo
  • positive
How do embargos most negatively affect a domestic market
  • Quotas facilitate the sale of more domestic goods
  • by depriving domestic producers of needed goods, restricting their ability to trade
  • embargo
  • A subsidy on domestic oranges
Which type of incentive makes it more profitable to follow a certain course of action?
  • positive
  • embargo
  • A subsidy on domestic oranges
  • incentives
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