_____ are trade restrictions that limit the number of units of products in certain categories that can cross a country's boundary for resale.
A)Protective tariffs
B)Embargoes
C)Import quotas
D)Subsidies

Question

Quizplus · Accepted Answer

Import quotas are trade restrictions that limit the number of units of products that can cross a country's boundary for resale in a particular category. Protective tariffs are taxes on imported goods designed to protect domestic industries from cheaper foreign goods, and embargoes are complete bans on trade with a particular country or region. Subsidies, on the other hand, are financial assistance given by the government to certain industries to encourage their growth and development.

_____ Are Trade Restrictions That Limit the Number of Units