Singapore is the leading producer of coffee.However,there are a few companies in Singapore that import coffee from Brazil and India.Which of the following should be established by Singapore to establish self-sufficiency in the nation?

Question

Quizplus · Accepted Answer

Tariffs, import quotas, and other types of import restrictions hinder global business. These are usually established to promote self-sufficiency and can be a huge roadblock for the multinational firm.

Singapore Is the Leading Producer of Coffee