PROTECTIONISM
Tariffs
Subsidies
Quotas
Tech and safety standards
Embargo
Definition:
Example:
Definition
Example:
Definition
Example
Definition
Example
Definition
Example
The amount of money the government gives to a local business when they are suffering because of a foreign competition that has lowered their prices.
The government gives money to a food producer, in order to make up for the losses he had
Taxes on imports
The government rising the tariffs for imported clothes, to support local cloth producers.
Restriction the government puts on imports. An imports limit.
The government of a country that doesn't let you import more than 5,000 cellphones per year.
A prohibition to commercialize with a particular country.
Canada applied an asset freeze and banned dealing with Venezuela.
The minimum of technology and methods to maintain user security expected from items that are to be imported.
Customs didn't let people enter the country with Samsung cellphones because they were considered dangerous. People had to let the phones at the airport.