Examlex
After giving your cat fish-shaped treats time and time again, you notice the cat begins to salivate at the sight of the fish-shaped snack.This is an example of
Import Quota
A government-imposed limit on the quantity or value of goods that can be imported into a country.
Tariffs
are taxes imposed by a government on imported goods, designed to protect domestic industries and to generate revenue.
Government Revenue
The total income received by the government from taxes and non-tax sources used to fund public spending.
Smoot-Hawley Tariff
A U.S. law enacted in 1930, which raised tariffs on thousands of imported goods, contributing to the severity of the Great Depression by stifling international trade.
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