QUESTION IMAGE
Question
which best describes why countries establish limits on international trade? choose three answers. to force domestic industries to sell higher quality goods to restrict foreign influence in a sector to restrict importation of a foreign good to lower the price of foreign goods to punish other countries
Brief Explanations
- "To force domestic industries to sell higher quality goods" is incorrect. Trade limits don't directly force quality improvement; they protect domestic industries from foreign competition, which may indirectly encourage quality, but it's not a primary reason for trade limits.
- "To restrict foreign influence in a sector" is correct. Countries may limit trade to protect domestic sectors from foreign control or influence, e.g., in strategic industries like defense or agriculture.
- "To restrict importation of a foreign good" is correct. Trade limits like tariffs or quotas are used to reduce imports of certain foreign goods, protecting domestic producers.
- "To lower the price of foreign goods" is incorrect. Trade limits like tariffs usually increase the price of foreign goods, making domestic products more competitive.
- "To punish other countries" is correct. Trade sanctions or limits can be used as a political tool to punish countries for actions like human rights violations or geopolitical disputes.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
- to restrict foreign influence in a sector
- to restrict importation of a foreign good
- to punish other countries