An example of a trade policy is
A)a tariff on sugar.
B)all are examples of trade policy.
C)capital flight because it increases a country's net exports.
D)an increase in the government budget deficit because it reduces a country's net exports.

Question

Quizplus · Accepted Answer

A tariff on sugar is an example of a trade policy as it is a government action that directly affects the flow and terms of trade between countries. Tariffs are taxes on imports, which increase the price of the imported goods and make them more expensive for consumers, leading to a reduction in demand and a decline in imports. This policy is often used to protect domestic industries and increase revenue for the government.

An Example of a Trade Policy Is