Helping a struggling domestic company through import restrictions frequently causes other countries to retaliate.

Name: Helping a struggling domestic company through import restrictions frequently causes other countries to retaliate.
Brand: Quizplus
Rating: 5.0 (36 reviews)

Question

Quizplus · Accepted Answer

When a country imposes import restrictions to protect its domestic companies, other countries may retaliate with their own restrictions, causing a trade war. This can lead to a decline in international trade and economic growth.

Helping a Struggling Domestic Company Through Import Restrictions Frequently Causes