Imposing trade restrictions such as tariffs or quotas ________.
A) increases the availability of raw materials
B) increases the availability of products sold in the home market
C) reduces the availability of products sold in the home market
D) decreases the cost of products sold in the home market

Question

Quizplus · Accepted Answer

Imposing trade restrictions such as tariffs or quotas typically reduces the availability of imported products in the home market, as these measures are designed to protect domestic industries by making foreign products more expensive or limiting their quantity.

Imposing Trade Restrictions Such as Tariffs or Quotas ________