contestada

*ECONOMICS*
How do quotas act as barriers to trade?
A. They tax imported goods in order to increase their price.
B. They use government funds to lower the cost of domestic goods.
C. They set limits on the total amount of imported goods.
O
D. They force imported goods to meet certain criteria.

Respuesta :

rykeir2

Answer:

C. They set limits on the total amount of imported goods.

Explanation:

a-p-e-x

gauravsingh23VT

They set limits on the total amount of imported goods is the quotas act as barriers to trade. Hence, option C is correct.

What are the barriers to trade?

Barriers to trade, These fees apply to specific imports-

  • Non-Tariff Obstacles These involve laws and rules that make trade more challenging.
  • Quotas.
  • A restriction on the volume of imports.
  • Embargo, subsidies, and voluntary export restraints

Thus, option C is correct.

For more details about barriers to trade, click here:

https://brainly.com/question/3744005

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