Use the information to answer the following question. Angola, one of Nigeria’s trading partner countries, is trying to protect its domestic oil refineries from competition. To do so, it limits the amount

Use the information to answer the following question.

Angola, one of Nigeria’s trading partner countries, is trying to protect its domestic oil refineries from competition. To do so, it limits the amount of refined oil that can be imported from other countries.

Which type of trade barrier is being described?

A.
specialization

B.
quota

C.
tariff

D.
embargo

2 Answers

Use the information to answer the following question. Angola, one of Nigeria’s trading partner countries, is trying to protect its domestic oil refineries from competition. To d…

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2 Answers

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