Southwest Economy Trade Barriers

A new tax is added to pharmaceutical imports from the United Kingdom.

• tariff

• quota

• embargo

Germany places a block on all imports from Sri Lanka

• tariff

• quota

• embargo

Spain restricts all imports of automobiles from Germany

• tariff

• quota

• embargo

France imposes a limit on Avocado imports from Mexico.

• tariff

• quota

• embargo

The European Union added a new tax on all coffee imported from Colombia.

• tariff

• quota

• embargo

The European Union limits the amount of imported aluminum from Canada.

• tariff

• quota

• embargo

The Austrian government gives a grant to manufacturers who produce and export automotive leather.

• embargo

• tariff

• subsidy

• quota

Goods and services produced in other countries and sold at home

• Imports
• Exports
• Specialization
• Globalization 

Good and services produced at home and sold in other countries

• Imports
• Exports
• Specialization
• Globalization

A focus on developing only certain skills or producing only certain goods/services

• Imports
• Exports
• Specialization
• Globalization