An outright ban on the export of a commodity to a particular country is known as: A. Trade Deficit B. Trade Surplus C. Import Tariff D. Import Quota E. Embargo F. Export Subsidy

Some economists say the cost of international trade is the loss of American jobs. Do you think this is true? Explain.

International trade benefits the exporter at all times and sometimes also the importer. both the exporter and the importer. only the importer. only the exporter. neither the exporter nor the importer.   A tax on a good that is imposed by the importing country is called a licensing regulation. trade constraint. quantitative restriction. nontariff barrier. tariff.   In the wake of worsening relations with China, some Americans called for an increase in tariffs on Chinese products coming into America. If higher tariffs are imposed on clothing produced in China, the price of clothing in America would not change. first decrease then increase. increase. decrease. first increase then decrease.     If the government decides to impose a new tariff on orange juice from Brazil, the tariff would lead to ________ the tariff revenue collected by the U.S. government. a decrease in making illegal no change in an increase in an elimination of     If a tariff…

The major export-promotion agency in the U.S. is: the State Department the Commerce Department the U.S. Export Administration the International Court of Trade the U.S. Export Control Agency