Protectionism
tariffs
definition
example
On March 1, 2018, President Trump announced he would impose a 25% tariff on steel
tax on imports or exports between sovereign states
embargo
subsidies
example
definition
A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction
example
definition
form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation
if a company is in debpt, they can get embargados
subsdie of the gasoline in the ecuador
quotas
definition
example
a limited quantity of a particular product which under official controls can be produced, exported, or imported.
tech and safety standards
example
definition
if Country A imposes a limit on the number of cars imported from Country B to, say, 5,000 per year, it is limiting the supply, which also raises the price, thus helping domestic car makers.
a product has to complete some standards in order to enter a country
if a car doesn't have an airbag, probably it wont enter in a lot of countries