Protectionism
Tariffs
Is a tax imposed by a government on goods and services imported from other countries that serve to increase the price and make imports less desirable, or at least less competitive, versus domestic goods and services.
Example:
a 20 percent tariff on imported materials of construction.
Quotas
Is a government- imposed trade restrinction that limits the number or monetary value of goods that a country can import or export during a particular period.
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Example:
the Organization of Petroleum Exporting Countries sets a production quota for crude oil in order to "maintain" the price of crude oil in world markets..
Subsidies
Is a benefit given to an individual bussiness or institution, usually by the government. It is usually in the form of a cash payment or a tax.
Example:
.
Embargo
An embargo is a government order that restricts commerce or exchange with a specified country,
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Example:
The trade ban in place that prevents the US from trading with Cuba.
Tech and safety standarts
When the government gives a tax break to a corporation who creates jobs in depressed areas
is an established norm or requirement for a repeatable technical task. It is usually a formal document that establishes uniform engineering or technical criteria, methods, processes, and practices.
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Example:
A braking system may be hydraulic. A safety requirement may be met by a combination of safety functions, and these may be implemented in systems of different technologies – for example, a software-based system along with management procedures, checklists, and validation procedures for using it.