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Government quotas and tariffs affect what is imported, exported and the cost of goods coming into the United States. As you have learned, there are
Government quotas and tariffs affect what is imported, exported and the cost of goods coming into the United States. As you have learned, there are a variety of reasons for applying quotas and tariffs. Think about what you have learned in Intellipath and your course readings, then watch the video below and answer the discussion questions. Trade Restrictions - International Trade Questions: What are some of the advantages of government quotas and tariffs? What are some of the disadvantages of government quotas and tariffs? Describe an example of how this has (or can) affect what you personally purchase
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