in order to protect local food processors and production from competitively priced imports, saudi arabia…

in order to protect local food processors and production from competitively priced imports, saudi arabia institutes a maximum 40% charge on imported food. currently, a 40% import duty rate applies to fresh, dried/processed dates and 25% on wheat flour. what kind of trade barrier is being described here?\no embargo\no subsidy\no tariff\no quota

in order to protect local food processors and production from competitively priced imports, saudi arabia institutes a maximum 40% charge on imported food. currently, a 40% import duty rate applies to fresh, dried/processed dates and 25% on wheat flour. what kind of trade barrier is being described here?\no embargo\no subsidy\no tariff\no quota

Answer

Brief Explanations:

An embargo is a complete ban on trade with a particular country. A subsidy is financial aid to domestic producers. A quota is a limit on the quantity of imports. A tariff is a tax or duty on imports, which is what the described import duty rates represent.

Answer:

C. tariff