Question

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

- to restrict foreign influence in a sector
- to restrict importation of a foreign good
- to punish other countries

(Trade limits are used to protect domestic industries and markets and to impose sanctions or retaliation; they do not generally force higher quality or lower foreign prices.)