Import quotas have a negative impact on poor nations because they make it difficult for poor nations to
A)Sell agricultural goods to each other.
B)Sell agricultural goods to rich nations.
C)Receive foreign aid from rich nations.

Question

Quizplus · Accepted Answer

Import quotas limit the amount of a product that can be imported from a specific country. This means that poor nations are often unable to sell their agricultural goods to richer nations, which can impact their economy and ability to develop. Agricultural exports are often a key way for poor nations to generate income and lift people out of poverty, so import quotas can have a very negative impact on their development.

Import Quotas Have a Negative Impact on Poor Nations Because