Which of the following is an instrument that governments use to promote trade?

Question

Quizplus · Accepted Answer

Export financing is a tool that governments use to promote trade by providing financial assistance to domestic companies that are seeking to expand their exports. This assistance can come in the form of loans, guarantees, or insurance to help companies mitigate the risks of entering new markets or growing their sales in established markets. Embargoes, tariffs, and administrative delays, on the other hand, are measures that governments often use to restrict trade rather than promote it.

Which of the Following Is an Instrument That Governments Use