Which of the following is an example of a trade barrier that the U.S. government might implement?

Question

(1 point)
O Lowering taxes on businesses that export goods
O Placing a tariff on imported steel
O Signing a free trade agreement with Canada
O Encouraging states to trade with each other

Answer 1

The example of a trade barrier that the U.S. government might implement is:

O Placing a tariff on imported steel

Tariffs are taxes imposed on imported goods to make them more expensive compared to domestic products, thereby protecting local industries.