Which best describes why countries establish limits on international trade? Choose three answers.
A. to force domestic industries to sell higher quality goods
B. to restrict foreign influence in a sector
C. to restrict importation of a foreign good
D. to lower the price of foreign goods
E. to punish other countries
Answer (1)
Countries limit international trade to restrict foreign influence, protect domestic industries from foreign competition, and impose punitive measures against other nations. These trade limitations help maintain national security and economic stability. Understanding these reasons is crucial for analyzing global trade dynamics. ;
