which best describes why countries establish limits on international trade? choose three answers. to force…

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

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

Answer

Brief Explanations:

  1. Restricting foreign influence: Countries may limit trade to safeguard domestic industries and sectors from excessive foreign control or dominance.
  2. Restricting imports: Tariffs, quotas etc. are used to limit the quantity of foreign - made goods entering the country, protecting domestic producers.
  3. Punishing other countries: Trade limits can be used as a form of economic sanctions to penalize other countries for political or other reasons.

Answer:

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