Multiple Choice – Trade Restrictions & U.S. Case 2025

Tariffs belong to which type of trade barrier?

• Price-based barrier
• Quantity-based barrier
• Process-based barrier
• Verbal embargo

Import/export quotas are examples of which barrier type?

• Price-based
• Quantity-based
• Process-based
• Political embargo

When the U.S. imposed a 50% tariff on copper imports from Brazil in 2025, this was a form of:

• Quantity-based restriction
• Price-based restriction
• Process-based restriction
• Social-based restriction

The U.S. cited 'national security' as the reason for copper tariffs. This falls under which category?

• Economic
• Political & geopolitical
• National security
• Social

Technical standards, licensing requirements, and complex administrative procedures are examples of which barrier?

• Price-based
• Quantity-based
• Process-based
• Political embargo

Trade bans or politically motivated trade restrictions are usually called what?

• Price-based barrier
• Quantity-based barrier
• Process-based barrier
• Verbal/Political embargo

One of the main objectives of trade restrictions is:

• To increase financial service exports
• To protect domestic production
• To reduce public spending
• To restrict investment flows

In the U.S. 2025 case, besides economics, the most important political reason was:

• Sending a message of job protection to voters
• Reducing inflation
• Increasing foreign reserves
• Meeting WTO requirements

Which social interest group played a role in the U.S. tariff decision in 2025?

• Silicon Valley tech firms
• Domestic mining unions and companies
• Midwest corn farmers
• Import consumers

Which of the following is a negative effect of high tariffs on the U.S.?

• More mining jobs created
• Reduced trade deficit
• Higher consumer prices, inflation, higher costs for small firms
• Lower import dependence