Unit 4 International Test Review - Day 2

Front

Company XYZ produces cheese in Scotland and exports the cheese, which costs $100 per pound, to the United States. A 20% tax would require Company XYZ to pay the United States government $20 to export the cheese. This is a(n)...

Back

Tariff

Front

In 2010, Mexico imposed a limit of 250,000 tons of sugar that could be imported into Mexico. This is a(n)...

Back

Quota

Front

In 1962, the United States prohibited all imports and exports to and from Cuba. This is a(n)...

Back

Embargo

Front

In 2006, the United Nations Security Council unanimously adopted a resolution to restrict the export to and the import from Iran on certain items and technology potentially related to nuclear weapons. This is a(n)...

Back

Embargo

Front

In 2010, China announced that it would impose and import a tax on American poultry of up 105.4 percent. This is a(n)...

Back

Tariff

Front

In 2005, the United States limited the imports of Chinese textiles to 7.5% a year. Is this a(n)...

Back

Quota

Front

In 2012, the United States Commerce Department announced that it would impose a tax ranging from 2.9% to 4.7% on Chinese made solar panels. This is a(n)...

Back

Tariff

Front

In June of 2013, the European Union described to lift restrictions of the trade of weapons to Syrian rebels. This is a(n)...

Back

Embargo

Front

In 1990, the Japanese Government announced it would extend its voluntary limit on automobile exports to the United States. This is a(n)...

Back

Quota

Front

Argentina increased taxes to 9% on the import of milk powder after record levels of imports and fears Argentina farmers would suffer falling incomes. This is a(n)...

Back

Tariff