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a. Import tariffs
b. Import quotas
c. Voluntary export restrictions
d. All of the above protect domestic producers from foreign competition.
D) is my answer................................
My Answer IS Option " D " .
My answer is a. B is partly true as through import quota, limited imports can be done which protect local producers to a certain extent only.
By export restrictions, there is possibility of over supply in local market which can reduce prices and does not protect locals. It all depends on total potential protection, country total needs and status of surplus or deficit . SO it also becomes a question of economics.
I stick to answer a only.
Hi,
I believe choice A and B is best answer, the reason is by restricting import, it provides an edge to exporter to compete. Local industry should be given subsidiary so they can improve their business and become competitive internationally.
Thank you.
All of options
choice D
D should be the answer.
As all the above protects the domestic producer from foreign competition.
Answer is "D" bcz all are need to protect domestic producers.
d. All of the above protect domestic producers from foreign competition,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
*******d. All of the above protect domestic producers from foreign competition.********
The answer : D- All of the above .....
