Tariffs Quotas Embargoes

In this video, we'll dive deep into the world of international trade and learn about tariffs, quotas, and embargoes. These are economic tools that governments use to regulate the flow of goods and services between countries.

Tariffs are taxes on imported goods, designed to make them more expensive and protect domestic industries. Quotas are limits on the amount of a particular product that can be imported into a country. Embargoes are complete bans on trade with a particular country or region.

By the end of this video, you'll have a clear understanding of how tariffs, quotas, and embargoes work, and why they are such an important part of the global economy.

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