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 (1)
Countries establish limits on international trade primarily to protect domestic industries from foreign competition, restrict imports of foreign goods, and sometimes to impose sanctions as political tools. These actions help maintain local economic stability and can also reflect political stances. Understanding these motivations provides insight into the global trading system. ;
