Two statements about types of protectionism that a government may use are given. 1 Imports are completely prohibited. 2 Every imported good must meet a specified standard. Which combination correctly identifies these two statements?
- Astatement 1: administrative barrier; statement 2: import quota
- Bstatement 1: administrative barrier; statement 2: embargo
- Cstatement 1: embargo; statement 2: administrative barrier
- Dstatement 1: embargo; statement 2: import quota