which action by the Egyptian government would be most beneficial to domestic producers in Egypt?

Question

A.
placing an embargo on all trade with Saudi Arabia

B.
placing a quota on machinery imported from China

C.
placing an embargo on the sale of crude oil to Italy

D.
placing a tariff on all chemicals imported from Turkey

Answer 1

The action by the Egyptian government that would be most beneficial to domestic producers in Egypt is:

D. placing a tariff on all chemicals imported from Turkey.

By placing a tariff on imported chemicals, the government can make imported products more expensive, which would encourage consumers and businesses to buy domestically produced chemicals. This can help protect local industries from foreign competition, allowing them to grow and potentially leading to job creation within the country.