QUESTION IMAGE
Question
when a government decides to limit the number of goods that can be sold to another nation, that government is creating
○ monetary policy
○ trade policy
○ fiscal policy
○ regulatory policy
Brief Explanations
Monetary policy deals with money supply/interest rates. Fiscal policy involves government spending/taxes. Regulatory policy focuses on industry regulations. Trade policy (e.g., quotas) manages international trade, so limiting goods sold to another nation is trade policy.
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B. trade policy