Social Studies, 02.11.2020 20:20 2936131
What kind of trade restriction is this?
Determine what type of trade barrier each scenario is talking about, write down each answer with a short explanation of why you chose the barrier for that scenario.
1. U. S. farmers are allowed to obtain irrigation water from federal dam projects at very low prices to grow rice in the California desert if they promise to sell 90% of the rice to buyers in Asia.
2. U. S. State Department officials confirm that the current Administration has decided to continue the prohibition of all U. S. trade with Cuba.
embargo
3. Japanese auto firms agree to limits set in Washington D. C., on the number of Japanese cars that may be sold in the United States.
quota
4. Congress passes a law requiring that all foreign grown vegetables sold in the United States must be organically grown, with no use of chemical fertilizers or herbicides.
5. China’s most favored nation trading status will be taken away if Congress and the President agree that the Chinese government is guilty of human rights abuses. All Chinese imports will experience a sharp increase in taxes if China is no longer considered a most favored nation.
extra: this is 7th grade social studies it is very easy im just lazy someone please help :p
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What kind of trade restriction is this?
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