What can be expected to happen in a country that enacts trade barriers?
A) The rate of immigration will increase.
B) The rate of technological innovation will increase.
C) The rate of economic growth will decrease.
D) The rate of population growth will decrease.

Question

Quizplus · Accepted Answer

When a country enacts trade barriers, they are limiting the amount of trade they engage in with other countries. This can result in decreased economic growth because there are fewer opportunities for businesses to sell their products and expand their markets. The reduced competition also leads to higher prices for consumers, which can further decrease economic growth. Immigration rates, population growth, and technological innovation are not directly impacted by trade barriers.

What Can Be Expected to Happen in a Country That