US places a tax on imported frozen chicken Japanese trade restriction says that only 3 million American cars can be sold in Japan per year Canada's government pays aid to dairy farmers that produce milk American business are not allowed to trade with Cuba : embargo : quota : tariff :: subsidy I II

US places a tax on imported frozen chicken Japanese trade restriction says that only 3 million American cars can be sold in Japan per year Canada's government pays aid to dairy farmers that produce milk American business are not allowed to trade with Cuba : embargo : quota : tariff :: subsidy I II

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter9: Application: International Trade

Section: Chapter Questions

Problem 4CQQ

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Question

Match the trade barrier with the example. Use the picture below to answer the question, each word is only used once.

US places a tax on imported frozen chicken
Japanese trade restriction says that only 3 million American
cars can be sold in Japan per year
Canada's government pays aid to dairy farmers that produce
milk
American business are not allowed to trade with Cuba
: embargo
: quota
: tariff
: subsidy

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