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Essay specific features
Written by:
Elizabeth P
Date added:
December 20, 2011
Level:
University
Grade:
A
No of pages / words:
2 / 305
Was viewed:
5665 times
Rating of current essay:
Essay content:
A quota benefits domestic producers in the same way a tariff does, but the additional money expended on foreign goods goes to the foreign producers, not the domestic government.
Embargoes prohibit trade with other nations. They bar a foreign nation's imports or ban exports to that nation or both.
Licenses may be required of importers of foreign goods so that imports can be restricted by limiting the number of licenses issued...
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Export licenses may be required in order to implement partial embargoes on trade with specific nations.
Standards are laws or regulations establishing health and safety standards for imported goods, frequently much stricter than those applied to domestically produced goods.
Subsidies are payments made by governments to their domestic producers to enable them to compete with foreign competitors...
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