Trade Barriers and Restrictions

Front

In order to protect local food processors and production from competitively priced imports, Saudi Arabia institutes a maximum 40% charge on imported food.

Back

Tariff

Front

In October of 1973, OPEC refused to allow the United States to purchase oil from its member countries, causing oil prices to triple.

Back

Embargo

Front

Israel prohibits the importation of meat products not certified kosher by the Chief Rabbinate of Israel.

Back

Embargo

Front

This is the name for a category of trade barriers that a country may impose on another country or countries.

Back

Sanction

Front

This is the process of prohibiting commerce and trade with another country, often done to affect the country to change an internal policy.

Back

Embargo

Front

This is a type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time.

Back

Quota

Front

This is a tax on imported goods and is usually designed to protect domestic production of similar goods.

Back

Tariff

Front

These are any goods transported from one country to another.

Back

Exports

Front

This is a form of protest by voluntarily not using, purchasing, or dealing with a person or organization.

Back

Boycott

Front

The United Nations imposes a complete restriction on oil exports from Iraq. The most likely reason for this action is Iraq is in violation of a United Nations rule.

Back

Iraq is in violation of a United Nations rule.