Besides tariffs, a government can use a number of other tools to restrict trade.Which of the following is NOT a tool aimed at restricting trade?
A)import quota
B)embargo
C)subsidy
D)exchange control
E)custom regulation

Question

Quizplus · Accepted Answer

Subsidies are used to support domestic industries by making their products more competitive in the global market, rather than restricting trade. They do this by lowering production costs or offering financial support, which can lead to an increase in exports rather than restricting imports or exports like the other tools mentioned.

Besides Tariffs, a Government Can Use a Number of Other