Which of the following is NOT an instrument that government uses to promote trade?

Question

Quizplus · Accepted Answer

Tariffs are not an instrument that government uses to promote trade, rather they are used to restrict imports and increase revenue through taxes on imports. The remaining options (B, C, and D) are all strategies used by governments to promote trade. Subsidies provide financial assistance to domestic businesses to promote exports; export financing provides financial assistance to buyers of exports from domestic businesses; foreign trade zones offer special tax and tariff benefits to businesses that operate within a specified geographic area.

Which of the Following Is NOT an Instrument That Government