31
QuizMultiple Choice

N/A — Exam

Question 31 • Economics

Embargoes, quotas, and standards are tools that countries use

Answer
A
to raise prices of domestic goods.
B
to reduce exports.
C
to punish other countries.
D
to restrict imports.

Explanation

Embargoes, quotas, and standards can all limit the goods that enter a country. An embargo bans certain imports, a quota sets a limit on import quantities, and standards may prevent goods that do not meet specific requirements from being imported. Therefore, these are tools used to restrict imports.

AI-written and checked against the verified answer.

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