Question

Why do nations establish trade barriers?
A.
Trade barriers promote equality among nations, ensuring that everyone produces similar products.
B.
Trade barriers eliminate sanctions and embargoes between nations.
C.
Trade barriers limit the movement of people from one nation to another.
D.
Trade barriers protect a nation's interests by encouraging the production of homeland goods.

Please select the best answer from the choices provided.

A
B
C
D

Answer 1

D

Trade barriers (tariffs, quotas, subsidies, etc.) are used to protect domestic industries and encourage production of homeland goods.