Question

The United States raises taxes on imported electronic goods. This type of trade barrier is known as a(n) embargolicensequotatariff

Answer 1

Tariff is the correct answer! 

Answer 2

The United States raises taxes on imported electronic goods. This type of trade barrier is known as a tariff.

Tariffs are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers.