Trade restrictions Боровикова О. Б 2 -4 а
Plan: 1. Classifications of trade restrictions 2. Classifications of tariffs 3. Definition of subsidy 4. Definition of quota 5. Quotas in Russia 6. Definition of cartel 7. Gold in the state reserves 8. Test yourself
Trade restrictions: Tariffs Subsidies Quotas Cartels
Tariffs: Revenue Protectiv e
Trade restrictions Subsidy is support in the form of money provided by the state.
Trade restrictions Quota - share in the production, sale, export or import of goods to be set for businesses or companies.
Quotas in Russia: • • Chilled beef – 40, 000 tons; Frozen beef – 550, 000 tons; Poultry – 250, 000 tons; Turkey meat – 14, 000 tons.
Cartel is a group of companies and countries band together to restrict competition.
Gold in the state reserves: • USA – 8134 tons • Germany – 3396 tons • Italy – 2452 tons • France – 2435 tons • China – 1054 tons • Russia – 883 tons
Test yourself 1. What types of trade restrictions do you know: a) Cartel b) Quota c) Embargo 2. Choose the correct definition of cartel : a) is group of companies and countries to unite in order to limit imports. b) is a group of companies and countries band together to restrict competition. c) is a group of companies and countries to unite in order to limit exports. 3. Which countries are part of the EEC: a) the Netherlands, Belgium, Italy, Canada, France b) Germany, Greece, Great Britain, Italy, Luxembourg c) France, Italy, USA, Germany, Great Britain
Thank you for attention!
