Singapore is one of the leading producers of coffee in the world. However, there are a few companies in Singapore that import coffee from Brazil and India. Which of the following can Singapore establish to promote self-sufficiency?
A. Import liberalization.
B. Export incentives.
c. Import quotas.
d. complementary import policy.

Question

06-07-2021
Business

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Singapore is one of the leading producers of coffee in the world. However, there are a few companies in Singapore that import coffee from Brazil and India. Which of the following can Singapore establish to promote self-sufficiency?
A. Import liberalization.
B. Export incentives.
c. Import quotas.
d. complementary import policy.

Sagot :

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andromache andromache · Answer 1 · 2021-07-07T21:46:00-04:00

andromache andromache

07-07-2021

Answer:

c. Import quotas.

Explanation:

An import quota is a restrictions made on the trade that specify the physical ,imit on the good quantity that could be imported in a country for the particular period of time. It is used for providing the benefit to the producers in that particular economy

So as per the given situation, the option c is correct

and, the same should be considered

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