Answered

Imposing some sort of cost on trade that raises the price of the traded products is MOST LIKELY an example of

A)

a trade barrier.

B)

a trade surplus.

C)

a trade deficit.

D)

a trade incentive.

Verified Answer :

A trade surplus or trade deficit (answers B and C) refer to the relationship between the exports and imports and not to the cost on trade.

A trade incentive is something that encourages the trade; cost on trade is not an incentive.

The correct answer is: a trade barrier. A trade barrier can come in the form on extra cost on the trade to raise the price.

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