WorksheetsTrade Barriers and Economic Systems
Total questions: 15
Worksheet time: 10mins
Goods and services a country produces and sells to other countries
imports
exports
demand
supply
Goods and services brought in from other countries
supply
exports
imports
tariff
A tax on imports
tariff
import tax
supply
embargo
A limit to the number of imports that may enter a country
tariff
embargo
demand
quota
A government order stopping trade with another country
tariff
embargo
quota
Rules used to try to limit trade with other countries
embargo
tariff
trade barriers
quota
Which is an example of a quota?
The U.S. stops trade with China.
The U.S. limits the amount of foreign cars brought into our country.
The U.S. pays a high tax on BMW cars brought into the country.
Choose an example of an embargo
The U.S. government stops all trade with China.
Canada and the U.S. have no restrictions on trade.
