QuestionAugust 26, 2025

Which of the following is an example of a trade barrier? (1 point) capitalism tariff gross domestic product comparative advantage

Which of the following is an example of a trade barrier? (1 point) capitalism tariff gross domestic product comparative advantage
Which of the following is an example of a trade barrier?
(1 point)
capitalism
tariff
gross domestic product
comparative advantage

Solution
4.7(345 votes)

Answer

Tariff Explanation 1. Identify Trade Barrier A trade barrier is a government-imposed restriction on the free international exchange of goods or services. 2. Analyze Options - **Capitalism**: An economic system, not a trade barrier. - **Tariff**: A tax on imports, which is a common trade barrier. - **Gross Domestic Product**: A measure of economic activity, not a trade barrier. - **Comparative Advantage**: An economic theory, not a trade barrier.

Explanation

1. Identify Trade Barrier<br /> A trade barrier is a government-imposed restriction on the free international exchange of goods or services.<br /><br />2. Analyze Options<br /> - **Capitalism**: An economic system, not a trade barrier.<br /> - **Tariff**: A tax on imports, which is a common trade barrier.<br /> - **Gross Domestic Product**: A measure of economic activity, not a trade barrier.<br /> - **Comparative Advantage**: An economic theory, not a trade barrier.
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