which best describes how standards help domestic producers?\nstandards require goods to meet basic…

which best describes how standards help domestic producers?\nstandards require goods to meet basic requirements.\nstandards provide financial support for producers.\nstandards restrict the import of cheap goods.\nstandards offer incentives to ensure high quality.

which best describes how standards help domestic producers?\nstandards require goods to meet basic requirements.\nstandards provide financial support for producers.\nstandards restrict the import of cheap goods.\nstandards offer incentives to ensure high quality.

Answer

Brief Explanations:

Standards set criteria for goods. If imported goods don't meet these standards (which domestic producers are more likely to follow as they are in the local regulatory environment), their import can be restricted. This gives domestic producers an advantage in the market as they face less competition from cheap - possibly non - standard - compliant - imported goods.

Answer:

Standards restrict the import of cheap goods.