Who do countries protect when they impose restrictions on free foreign trade
A)foreign producers
B)foreign consumers
C)domestic producers
D)domestic consumers

Question

Quizplus · Accepted Answer

When countries impose restrictions on free foreign trade, they are protecting their own producers from foreign competition. This allows domestic producers to charge higher prices for their goods, as they do not have to compete with cheaper foreign products. However, this can also lead to inefficiencies and higher prices for domestic consumers.

Who Do Countries Protect When They Impose Restrictions on Free