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QUESTION IMAGE

which best describes why countries establish limits on international tr…

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

Explanation:

Brief Explanations

Countries set trade limits to protect domestic industries, reduce foreign influence, and as a form of economic - political leverage. Restricting imports can safeguard domestic producers. Limiting foreign influence in a sector can protect national interests. Punishing other countries through trade restrictions is a common economic - diplomatic tool.

Answer:

to restrict foreign influence in a sector
to restrict importation of a foreign good
to punish other countries