Fill in the Blanks Types of trade restrictionsOnline version Types of trade restrictions by janice leung 1 Types of trade restrictions : 1 . ( or called import duty ) : is a taken on imported goods to raise the price of foreign goods and protect the home market . 2 . Import : is a limit on the of a product to enter the country during a given of time . 3 . : a straightforward government on trading with a particular country or in a product . 4 . Foreign control : a on the of foreign currency that can be purchased or sold . It will affect the of goods importers can purchase with that currency . 5 . Currency : a country can the value of its money to the of other countries . This will the cost of goods , while it decreases the cost of local goods . 6 . Bureaucratic red tape : this may include unnecessarily prolonging the procedures for obtaining licences or certifications .
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