Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
... to control the trade and the influx of goods with other countries. Specifically, these are the means to ensure a certain standard in the imported goods, and that the imported goods don't compete with the local production.
Answer: Embargoes, quotas, and standards are tools that countries use in order to punish other countries.
Explanation:
Embargoes refer to trade restriction placed or imposed by the government of a country on a foreign country in order to restrict trade with them. This often occurs due to political differences.
Quotas are form of trade restrictions which are imposed by the government of a country in order to reduce or limit the goods which can be imported or exported.
Hence, they are tools that countries use to punish foreign countries.
Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.