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 limit international trade to restrict foreign influence in domestic sectors, control the importation of foreign goods, and to punish other countries for various reasons. These restrictions help protect local industries and maintain economic sovereignty. Understanding these motives provides insight into global trade dynamics. ;
