To protect a domestic industry from foreign competition

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Reference no: EM131632070

To protect a domestic industry from foreign competition by raising the price of foreign competitors’ products, Brazil could establish an embargo.

(PLEASE CHOOSE ONE OF THE BELOW)

1. impose foreign-exchange controls.

2. impose a nontariff barrier.

3. levy an import tariff.

4. set an import quota.

Reference no: EM131632070

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