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
Trade policy involves regulations on international trade, such as limiting goods sold to another nation. Monetary policy deals with money supply and interest - rates, fiscal policy with government spending and taxation, and regulatory policy is broader and not specifically about international trade limits.
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
B. trade policy