Restrictions on free trade Flashcards

1
Q

examples of countries using tariffs

A

americas import tarrif on electric vehicles to 100% from 25% from china

1 – The Bahamas (18.56%) …
2 – Gabon (16.93%) …
3 – Chad (16.36%) …
4 – Bermuda (15.39%) …
5 – Central African Republic (14.51%)
England uses VAT for the tariffs

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2
Q

examples of of counties using quotas

A

China has a quota on Cambodian rice exports of 300,000 tonnes per year.21 Feb 2019

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