Business management class
When the government of Indonesia imposes a tax on imported electronics products to
help its young electronics industry compete in the global marketplace, it’s imposing
a/an _______ on foreign electronics products.
A. import quota C. embargo
B. protective tariff D. revenue tariff
my answer is C
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Answers
Correct. An embargo is an official ban on trade with a certain country or on a particular type of good, in this case, electronics products. This is done to protect domestic industries by making it more difficult and expensive to obtain those goods from abroad.
