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Trade Restrictions

Quiz by Angela Long

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Q 1/6
Score 0
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.
29
Tariff
Embargo
Quota

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6 questions

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Q1
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.
Tariff
Embargo
Quota
30s
Q2
In 2010, Mexico imposed a limit of 250,000 tons of sugar that could be imported into Mexico.
Embargo
Quota
Tariff
30s
Q3
In 1962, the United States prohibited all imports and exports to and from Cuba.
Embargo
Quota
Tariff
30s
Q4
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.
Embargo
Quota
Tariff
30s
Q5
In 2010, China announced that it would impose and import a tax on American poultry of up 105.4 percent.
Embargo
Quota
Tariff
30s
Q6
In 2011, the United States Department of Agriculture increased its annual sugar-import limit to 1.6 million tons for the year.
Embargo
Quota
Tariff
30s

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