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3 votes
How are tariffs, embargoes, quotas, and boycotts similar?

1 Answer

3 votes

Answer:

i dont know about boycotts but here is the other three

A tariff is just a tax on stuff imported from other another country; the tax raises its price and thus diminishes its attraction. A quota is a limit placed on the quantity of a specific good allowed into the country. An embargo is a complete prohibition against bringing a certain good into a country.

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User Harper Shelby
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