When Canada’s government puts a limit on how much American wheat and barley it will import this year, it is imposing which type of trade barrier?(1 point)

Responses

tariff
tariff

opportunity cost
opportunity cost

quota
quota

embargo

quota

The correct answer is quota.

A quota is a type of trade barrier that restricts the quantity of goods that can be imported or exported. In this case, when Canada's government sets a limit on how much American wheat and barley it will import, it is effectively imposing a quota on these products. This quota puts a cap on the amount of wheat and barley that can be imported from the United States, which can impact trade between the two countries.