What Type of Trade Barrier Is Being Used If the Italian

question 24

Multiple Choice

What type of trade barrier is being used if the Italian government imposed duties on consumer electronic products imported from Canada to raise their prices in the local market and to protect the local companies from competition?

• A) embargo
• B) protective tariff
• C) import quota
• D) revenue tariff

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Definitions:

Simplicity

Simplicity in a business or design context refers to minimizing complexity to focus on essential features, often leading to increased efficiency and ease of use.

Publicly Owned

Refers to assets owned by the government or the public sector, intended for the benefit of the general public.

Infrastructure

Refers to the basic physical and organizational structures and facilities (e.g., buildings, roads, power supplies) needed for the operation of a society or enterprise.

Usage

The manner and frequency with which a product or service is used by consumers.